GuShiio.com According to Bloomberg, as new European regulations require crypto service providers to remove unlicensed stablecoins, Kraken is exploring the development of its own stablecoins, with plans to peg them to the U.S. dollar and issue them by Kraken’s Irish branch. Although the development of this stablecoin is still in its early stages, Kraken has announced that it will convert non-compliant currencies on European platforms into equivalent stablecoins by March 31. At the same time, Crypto com also plans to launch its own stablecoin in the third quarter of 2025 and promote it to the European market.
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