{"id":116707,"date":"2024-03-28T13:01:53","date_gmt":"2024-03-28T13:01:53","guid":{"rendered":"https:\/\/kinesis.money\/?p=116707"},"modified":"2026-02-19T14:32:47","modified_gmt":"2026-02-19T14:32:47","slug":"usdc-stellar-deposits-available","status":"publish","type":"post","link":"https:\/\/kinesis.money\/tr\/company-news\/usdc-stellar-deposits-available\/","title":{"rendered":"Faster, low-cost USDC deposits now available &#8211; via Stellar"},"content":{"rendered":"\n<p><strong>Kinesis has introduced enhanced USDC (USDC) deposits on the platform &#8211; via the Stellar network.<\/strong><\/p>\n\n\n\n<p>Through the Stellar Network, Kinesis offers users faster USDC transactions with lower fees, presenting a superior alternative to USDC transfers on the Ethereum (ERC-20) blockchain.<\/p>\n\n\n\n<p>An integration requested from the Kinesis community, Stellar enables users to enjoy more efficient <a href=\"https:\/\/kinesis.money\/company-news\/usdc-now-tradeable-on-the-kinesis-exchange\/\" target=\"_blank\" rel=\"noreferrer noopener\">USDC<\/a> deposits and withdrawals, at a lower cost.<br><br>USDC on Stellar introduces a cost-effective, instant on-ramping mechanism for Kinesis users across the globe.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-why-deposit-usdc\">Why deposit USDC?<\/h2>\n\n\n\n<p>USDC &#8211; a digital asset pegged to the value of one US dollar &#8211; is one of the most popular digital assets for depositing and withdrawing funds, with a <a href=\"https:\/\/www.coingecko.com\/en\/coins\/usdc\" target=\"_blank\" rel=\"noreferrer noopener\">market cap<\/a> of $32bn.<\/p>\n\n\n\n<p>Users can easily purchase USDC via an external platform and transfer to the Kinesis Monetary System at a low cost &#8211; ready to trade into Kinesis gold (<a href=\"http:\/\/kinesis.money\/gold\" target=\"_blank\" rel=\"noreferrer noopener\">KAU<\/a>) and silver (<a href=\"http:\/\/kinesis.money\/silver\" target=\"_blank\" rel=\"noreferrer noopener\">KAG<\/a>) in seconds.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-how-stellar-benefits-kinesis-users\">How Stellar benefits Kinesis users<\/h2>\n\n\n\n<p>As demonstrated in the table below, Stellar settles USDC transfers with significantly enhanced efficiency and value, compared with the existing Ethereum blockchain.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img width=\"1920\" height=\"1058\" src=\"https:\/\/kinesis.money\/wp-content\/uploads\/2024\/03\/table-How-Stellar-benefits-Kinesis-users-1.png\" alt=\"How Stellar benefits Kinesis users\" class=\"wp-image-117816\" srcset=\"https:\/\/kinesis.money\/wp-content\/uploads\/2024\/03\/table-How-Stellar-benefits-Kinesis-users-1.png 1920w, https:\/\/kinesis.money\/wp-content\/uploads\/2024\/03\/table-How-Stellar-benefits-Kinesis-users-1-300x165.png 300w, https:\/\/kinesis.money\/wp-content\/uploads\/2024\/03\/table-How-Stellar-benefits-Kinesis-users-1-1024x564.png 1024w, https:\/\/kinesis.money\/wp-content\/uploads\/2024\/03\/table-How-Stellar-benefits-Kinesis-users-1-150x83.png 150w, https:\/\/kinesis.money\/wp-content\/uploads\/2024\/03\/table-How-Stellar-benefits-Kinesis-users-1-768x423.png 768w, https:\/\/kinesis.money\/wp-content\/uploads\/2024\/03\/table-How-Stellar-benefits-Kinesis-users-1-1536x846.png 1536w\" sizes=\"(max-width: 1920px) 100vw, 1920px\" \/><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<p>The average fee costs of Stellar USDC transactions represent a substantial saving, with near-instant settlement times. Additionally, users can also benefit from lower minimum withdrawal amounts.<br><br>The Stellar network is widely recognised for its effectiveness in handling large-scale cross-border digital assets transactions. It was for this reason that Kinesis chose the Stellar network for our very own native currencies, KAU and KAG.<\/p>\n\n\n\n<p>Please see our guide on how to deposit digital assets, including USDC &#8211; <a href=\"https:\/\/kinesissupport.zendesk.com\/hc\/en-gb\/articles\/12412621944733-Depositing-crypto-and-fiat-on-the-Kinesis-platform\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-usdc-on-the-kinesis-platform\">USDC on the Kinesis platform<\/h2>\n\n\n\n<p>Kinesis users can trade USDC against Kinesis\u2019 native gold and silver-backed digital currencies, KAU and KAG, the US dollar, as well as leading cryptocurrencies &#8211; BTC and ETH.<\/p>\n\n\n\n<p>The upgrade to USDC Stellar provides investors and traders with another option to fund their Kinesis accounts and start trading gold, silver and digital assets. <\/p>\n\n\n\n<p>Broadening the range of deposit methods gives investors from all backgrounds easier access to the unique benefits of the Kinesis Monetary System.<\/p>\n\n\n\n<p>The enhanced deposit option delivers greater access to the stable value of gold and silver for Kinesis users across the globe.&nbsp;<\/p>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-16018d1d wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link has-white-color has-primary-600-background-color has-text-color has-background wp-element-button\" href=\"https:\/\/kms.kinesis.money\/login\" target=\"_blank\" rel=\"noreferrer noopener\">Start trading<\/a><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Kinesis has introduced enhanced USDC (USDC) deposits on the platform &#8211; via the Stellar network. <\/p>\n","protected":false},"author":6,"featured_media":116708,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[461],"tags":[],"class_list":["post-116707","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-company-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.2 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Enhanced USDC deposits now available - via Stellar | Kinesis<\/title>\n<meta name=\"description\" content=\"Kinesis has introduced enhanced USDC (USDC) deposits on the platform - via the Stellar network. 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