Over the past few days, I’ll be doing a series of reads on Injective’s developments.
On the one hand, it’s for my own records; on the other hand, the official side has recently released a batch of updates.
They really have given me a lot of new insights into Injective.
First up: Injective’s native USDC deposits and withdrawals have officially gone live on Kraken.
Now users can directly transfer Circle-issued native USDC between Kraken and the Injective network.
As is well known, Kraken launched injective-protocol:native as far back as 2021—at the time, it was mainly about providing an asset trading entry point for Injective.
It’s also been proven that Kraken is a major exchange in Korea, with transaction volume and influence that matter.
Now Kraken has moved from supporting $INJ trades to directly integrating Injective’s native USDC. This takes another step forward in connecting Injective with mainstream exchanges.
If Injective truly wants to build on-chain financial infrastructure, it can’t avoid U.S. dollar liquidity.
There are trading, RWA, and derivatives—but if stablecoin liquidity isn’t seamless enough for inflows and outflows, many things ultimately end up stuck in on-chain self-contained loops.
Now native USDC can move directly from Kraken into Injective, and then back from Injective to exchanges. This is the real way external dollar liquidity gets pulled in.
Even more importantly, Injective is also working with Circle and teams across the Cosmos ecosystem to advance a migration to the USDC standard. The plan is to unify existing USDC types to the Injective native USDC standard in September.
I’ll keep a close eye on this as well.
Because what’s truly important isn’t whether Injective has USDC; it’s whether, in the future, different applications and different entry points can all operate around the same underlying native dollar liquidity.
From the latest updates, Injective’s roadmap is becoming clearer and clearer!
From trading infrastructure, to stablecoins, and then to RWA and institutional finance.
Each individual news item may not be earth-shattering on its own, but put together one by one, you can see that it’s been steadily filling in the pieces that the financial market genuinely needs.
On the one hand, it’s for my own records; on the other hand, the official side has recently released a batch of updates.
They really have given me a lot of new insights into Injective.
First up: Injective’s native USDC deposits and withdrawals have officially gone live on Kraken.
Now users can directly transfer Circle-issued native USDC between Kraken and the Injective network.
As is well known, Kraken launched injective-protocol:native as far back as 2021—at the time, it was mainly about providing an asset trading entry point for Injective.
It’s also been proven that Kraken is a major exchange in Korea, with transaction volume and influence that matter.
Now Kraken has moved from supporting $INJ trades to directly integrating Injective’s native USDC. This takes another step forward in connecting Injective with mainstream exchanges.
If Injective truly wants to build on-chain financial infrastructure, it can’t avoid U.S. dollar liquidity.
There are trading, RWA, and derivatives—but if stablecoin liquidity isn’t seamless enough for inflows and outflows, many things ultimately end up stuck in on-chain self-contained loops.
Now native USDC can move directly from Kraken into Injective, and then back from Injective to exchanges. This is the real way external dollar liquidity gets pulled in.
Even more importantly, Injective is also working with Circle and teams across the Cosmos ecosystem to advance a migration to the USDC standard. The plan is to unify existing USDC types to the Injective native USDC standard in September.
I’ll keep a close eye on this as well.
Because what’s truly important isn’t whether Injective has USDC; it’s whether, in the future, different applications and different entry points can all operate around the same underlying native dollar liquidity.
From the latest updates, Injective’s roadmap is becoming clearer and clearer!
From trading infrastructure, to stablecoins, and then to RWA and institutional finance.
Each individual news item may not be earth-shattering on its own, but put together one by one, you can see that it’s been steadily filling in the pieces that the financial market genuinely needs.