What is Kraken?

Kraken is one of the world’s longest-standing and most trusted crypto platforms, offering a secure and robust environment for trading, staking, and managing digital assets . It enables millions of users to buy, sell, and trade hundreds of digital assets, supports staking, and offers advanced trading tools and APIs. 

Recognized globally for its robust security and reliability, millions of traders choose Kraken as their go-to destination for digital assets.

In late 2024, Kraken joined Global Dollar Network to participate in the network’s shared rewards model for driving adoption of Global Dollar (USDG). Since then, Kraken has introduced innovative programs and product integrations to bring USDG to its vast and growing user base.

Kraken by the numbers

• 14+ years in operation

• Trusted by 13+ million traders around the world

• 500+ assets available, including USDG, BTC, xStocks and many more

• $59B+ of assets on platform (as of Q3 2025)

Why Kraken Joined Global Dollar Network (GDN)

Kraken joined Global Dollar Network (GDN) to help usher in the  next evolution of stablecoins built around an open network that rewards participation, not exclusivity.

At the core of the Network is USDG, a secure and regulated dollar-backed stablecoin designed for 24/7 global movement of money. Unlike traditional stablecoin issuers that keep most of the income generated from reserve assets, GDN’s model returns that value to the companies that help grow the asset.

For Kraken, that meant joining a network where:

• Partners can receive up to 100% of reserve-based earnings for their role in driving USDG adoption

• Economic incentives are shared, and governance is decentralized

• Growth is collective; every new partner and integration strengthens the Network

• USDG powers low-cost global payments across leading blockchains

By joining GDN on day one, Kraken aligned with a network designed to make stablecoins more open, transparent, and rewarding for all participants.

Turning USDG Rewards Into Real Value for Everyday Users

Kraken believes stablecoins should benefit the people who use them, not only the issuers who create them. By joining GDN, Kraken ensures that it has control over the rewards generated from USDG’s reserve assets, and that it can deploy those rewards to directly benefit its customers.

Here’s how that comes to life across the Kraken ecosystem:

Rewards and flexibility for USDG holders
As of October 2025, users can earn rewards of up to 4 percent annually simply by holding USDG on Kraken. 

USDG remains fully liquid, allowing users to trade, move, or convert their balance at any time while continuing to earn rewards.

With full trading and conversion support built into Kraken, users can easily access rewards within a single, trusted platform.

Kraken+ premium rewards experience
Kraken+, an innovative new service for crypto traders, extends USDG benefits even further. 

For just $4.99/month, members enjoy zero-fee trading up to $10k per month and boosted rewards on USDG holdings, reflecting Kraken’s deeper participation in the GDN model. The experience is seamless, with users earning enhanced rewards without taking extra steps like locking funds or staking.

Krak global money and payments
Krak is Kraken’s new global money and payments app, allowing users to send money to anyone, anywhere, instantly with no hidden transfer fees.

Within Krak, users can send and receive over 300 crypto assets, including USDG. And when they hold USDG in their Krak wallet, they’re earning rewards. Balances continue to earn rewards even as users send or spend, combining utility, reward, and accessibility in one experience.

Through Kraken Plus and Krak, Kraken turns stablecoin rewards into real value for its customers. 

Kraken is writing the playbook for how exchanges can align stablecoin innovation with user benefit, building products that are transparent, rewarding, and accessible to anyone ready to participate in the next era of digital money.

Kraken and GDN are Building the Future of Stablecoins Together

Kraken’s collaboration with Global Dollar Network represents a shared commitment to open, programmable, and transparent stablecoin infrastructure. By integrating USDG into its flagship products, Kraken has demonstrated that shared-value models can align the interests of platforms, institutions, and everyday users.

As regulation evolves and adoption grows, open networks like GDN can define the next standard for how stablecoins connect institutions, builders, and users worldwide.

If you’re interested in unlocking benefits for your role in stablecoin adoption with Global Dollar Network & USDG, reach out here.