Kraken Launches Crypto’s Attempt at a Venmo-Killer

Kraken Launches Crypto’s Attempt at a Venmo-Killer

Kraken’s rising from the decentralized deep to capsize a big ship: traditional finance. The crypto platform launched a peer-to-peer payments app yesterday that lets users instantly send 300+ crypto tokens, stablecoins and fiat currencies to friends and family in more than 100 countries.  Anyone who has had to split a check with new hostel friends knows that rivals Venmo and Zelle only support payments between US users. Kraken’s app, called Krak,…

Kraken Launches Krak: A New Peer-To-Peer Crypto Payments App—Details

On Thursday, crypto exchange Kraken launched a peer-to-peer payments app, enabling users to send and receive funds in both cryptocurrencies and fiat currencies across more than a hundred countries.  This move aims to broaden Kraken’s services beyond its core digital asset trading operations, positioning the firm to compete directly with players like PayPal, Venmo, and Block’s CashApp. Kraken Plans Physical And Virtual Cards The newly introduced …

Kraken Unveils Krak For Faster Global Money Moves In Seconds - Crypto News Flash

Kraken rolls out Krak, a peer-to-peer app moving 300+ assets across 110 countries without bank details or wallet addresses. Powered by solid regulation work, Kraken’s Krak links near-zero-cost transfers with “Spend & Earn” yields up to ten percent on digital assets. Kraken has launched Krak, a cross-border money transfer and asset management app that makes transferring funds much simpler. Without the hassle of typing in account numbers or wallet…

Kraken Debuts Krak Crypto and Fiat Payments App Across 110 Countries

The crypto exchange's offering will compete with other cash apps, including PayPal and Jack Dorsey's Cash App.