Kraken has opened a direct funding route for Global Dollar (USDG) on Arbitrum One, with deposits and withdrawals now live, according to its October 29 announcement.
For someone moving USDG from Kraken to Arbitrum One, this means receiving the token Paxos issues natively on that network, without a separate bridge step. USDG trading was already available on Kraken; the new option is moving funds between the exchange and this network.
Geographic restrictions may apply.
Source: Kraken, October 29, 2026.
https://blog.kraken.com/product/new-features/usdg-deposits-and-withdrawals-now-available-on-arbitrum-one
#USDG #Arbitrum
For someone moving USDG from Kraken to Arbitrum One, this means receiving the token Paxos issues natively on that network, without a separate bridge step. USDG trading was already available on Kraken; the new option is moving funds between the exchange and this network.
Geographic restrictions may apply.
Source: Kraken, October 29, 2026.
https://blog.kraken.com/product/new-features/usdg-deposits-and-withdrawals-now-available-on-arbitrum-one
#USDG #Arbitrum
