Kraken debuts ‘Krak’ peer-to-peer payment system for crypto, fiat transactions

Description

Crypto exchange Kraken has debuted a peer-to-peer (P2P) payments app that allows users to send fiat and cryptocurrency, regardless of country borders. T

Authors

Christopher Tepedino

Publish date

June 26, 2025

Publisher

Cointelegraph

Related people

Arjun Sethi

Related projects

Kraken

Web URL

https://cointelegraph.com/news/kraken-peer-to-peer-payment-system-crypto-fiat?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Referenced by

Kraken launches Krak app

Crypto news

News story

The launch of Kraken’s payments app comes ahead of a possible initial public offering in 2026. The company has been talking about an IPO for years

Crypto news

Quote

Cash App had 57 million monthly active users in the first quarter of 2025, generating $3.9 billion in revenue. Venmo’s user base amounted to 68.3 million in 2024, according to its parent company, PayPal. Both apps have limited support for cryptocurrency transactions.

Crypto news

Quote