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USDSM Now Available for Trading on Kraken

Stable Mint's dollar-pegged stablecoin USDSM is now tradable on Kraken exchange.

Kraken Blog2 min

1USDSM Trading Goes Live on Kraken

Kraken announced the listing of USDSM stablecoin as of August 25, 2026. Users can now buy and sell this asset on the exchange. To trade, users need to select USDSM in the Funding section of their Kraken account and click 'Deposit'. Important note: deposits made through unsupported networks will be lost. Currently, USDSM isn't available on Kraken App and Instant Buy - these features will activate once liquidity conditions are met.

2Stable Mint's Payment Infrastructure

USDSM is a regulated stablecoin developed by Stable Mint. The company provides a payment infrastructure enabling businesses to collect, settle, and pay on a single platform. While traditional payment systems take 1-3 business days to settle, Stable Mint reduces this to seconds. This instant settlement allows businesses to manage cash flow in real-time. The platform integrates with traditional banking systems through SEPA and SWIFT connectivity.

3USDSM Technical Specifications

The USDSM stablecoin is pegged 1:1 to the US dollar and backed by cash and high-quality liquid assets. These reserves are held in segregated accounts - not lent out or commingled. Under MiCA regulations, users can redeem USDSM at par value on demand. USDSM is natively issued on Etherlink - Tezos' EVM-compatible Layer 2 solution - and is also available on Ethereum, Base, and Arbitrum networks.

4Branded Checkout Solution

Stable Mint's platform offers businesses the option of white-labeled checkout pages. These pages can accept credit cards, bank transfers, and pay-by-bank methods. The platform's key advantage is consolidating all payment channels into one infrastructure. Unlike traditional systems requiring multiple integrations, Stable Mint simplifies the entire process. This reduces payment infrastructure costs for businesses significantly.

5Kraken's Listing Policy

Following USDSM, Kraken plans to list more assets but doesn't disclose which coins might be coming. Company policy dictates that new listings are announced shortly before launch. All currently available tokens can be viewed on Kraken's website, while new additions are announced through the Listings Roadmap and social media channels. Customer support representatives cannot provide information about future listings.

6Geographic Restrictions

USDSM trading may be restricted in some regions. Kraken notes it may apply geographic limitations. Users are advised to check the platform's terms of service. As crypto regulations vary by country, stablecoin trading might be limited in certain jurisdictions. Due to regulatory compliance, Kraken may block USDSM trading for users in specific countries.

7Position in Stablecoin Market

USDSM enters the rapidly growing stablecoin market. By 2026, the global stablecoin market cap has surpassed $200 billion. USDSM differentiates itself by offering payment infrastructure optimized for businesses. Unlike conventional stablecoins, Stable Mint provides ready-made integration solutions. This makes USDSM a B2B-focused stablecoin, setting it apart from competitors.

8New Era in Crypto Payments

USDSM's listing on Kraken marks a significant step for institutional crypto payments. Stable Mint's technology makes it easier for businesses to use crypto assets in daily operations. The instant settlement feature improves cash flow while regulatory compliance boosts corporate adoption. USDSM stands out as a bridge between traditional finance and the crypto economy.

Original article: Kraken Blog — Kraken'da USDSM İşlemleri Başladı