USDGO is available for trading!
Kraken has listed USDGO, a US dollar-backed stablecoin issued by Anchorage Digital Bank N.A., for trading. The token is pegged 1:1 to the US dollar and designed for institutional use.
Kraken has added USDGO to its platform, enabling users to deposit, trade, and withdraw the stablecoin. Deposits must be made via supported networks to avoid loss. The token is issued by Anchorage Digital Bank N.A., a federally chartered crypto bank regulated by the Office of the Comptroller of the Currency, ensuring compliance with US banking standards.
USDGO is pegged 1:1 to the US dollar and backed by high-quality liquid assets, including cash and short-term US Treasuries. Reserve holdings are disclosed monthly through third-party attestations by a Big Four accounting firm under AICPA standards, providing transparency for institutional users.
The stablecoin operates on a mint-and-burn model, where tokens are created upon approved institutional deposits and burned upon redemption. USDGO launched on Solana on February 10, 2026, with plans to expand to additional networks in the future, targeting enterprise settlement and cross-border transactions.
Kraken has not disclosed future asset listings but maintains a Listings Roadmap and social media channels for updates. Users can find all available tokens on Kraken’s platform, while client engagement specialists will not provide details on potential future listings.