⚡️Kraken exchange launches the peer-to-peer payments app Krak

Morgan Ellis

⚡️Kraken exchange launches the peer-to-peer payments app Krak

The solution allows users to send and receive funds, both in cryptocurrencies and fiat currency, in over a hundred countries.

➡️ Clients who install the new app will have a special spending account and will be able to send and request payments instantly in 300 different assets.

➡️ Crypto transfers will be made directly on the blockchain, while traditional money transfers within the company can be carried out without using external banking infrastructure.

➡️ In the future, Kraken plans to launch, through Krak, a range of additional products, including physical and virtual cards, as well as prepaid and credit services.

➡️Fact: Last month, Kraken announced the upcoming launch of US stock tokens, called xStocks, in selected markets outside the United States.

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