# Kraken Takes on Cash App with 'Krak'

*Author: Bankless*
*Published: Jun 26, 2025*
*Source: https://www.bankless.com/fr/read/kraken-takes-on-cash-app-with-krak*

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Kraken has launched 'Krak,' a global money app allowing low-cost borderless transfers in over 300 assets, alongside opportunities for earning rewards. 

## **What’s the Scoop?**
- **Global Reach**: The Krak app enables peer-to-peer transactions across 110 countries using over 300 assets, including cryptocurrencies, stablecoins, and fiat.
- **Earning Opportunities**: Users can earn up to 4.1% on stablecoin balances and yield rewards of up to 10% across 20+ digital assets.
- **Innovative Approach**: Krak merges crypto technology with traditional banking partnerships to streamline money transfers and eliminate inefficiencies in legacy finance.
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*This article is brought to you by [MetaMask](https://www.bankless.com/fr/sponsor/metamask-1776260643?ref=read/kraken-takes-on-cash-app-with-krak)*