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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.
