Kraken adds USDG deposits and withdrawals on Arbitrum One

Kraken announced on October 29, 2026, that Global Dollar (USDG) deposits and withdrawals are now available through Arbitrum One.

The update adds Arbitrum One as a supported funding network for USDG on the exchange. USDG trading was already live on Kraken before the network integration.

According to Kraken, the USDG used on Arbitrum One is issued natively on that network. The exchange said the funding route does not require users to bridge USDG from Ethereum.

Arbitrum One becomes a USDG funding network

The new integration allows Kraken clients to deposit USDG from Arbitrum One and withdraw USDG to the same network. It expands the available funding infrastructure for the stablecoin without changing the prior availability of USDG trading on Kraken.

Users transferring the asset should select Arbitrum One when sending USDG to or from their Kraken account. Deposits and withdrawals depend on using the supported network for the transfer.

• USDG deposits are supported on Arbitrum One.
• USDG withdrawals are supported on Arbitrum One.
• USDG trading was already available on Kraken.

Native issuance, not a bridge route

Kraken described USDG on Arbitrum One as natively issued rather than bridged from Ethereum. In practical terms, the exchange’s announcement identifies the Arbitrum One version of the asset as native to that network.

The announcement is limited to funding support for USDG on Arbitrum One. It does not describe changes to USDG trading availability or other network integrations.

Part of Kraken’s product updates

The USDG network addition follows other recent Kraken product announcements, including the exchange’s USDG futures challenge with volume multipliers and its addition of certain token trading markets.

For Kraken users who already use USDG, Arbitrum One now provides an additional supported route for moving the asset into and out of the exchange.

Continue reading: Kraken’s USDG futures challenge on BTCNews.

Continue reading: Kraken’s NeoSoul trading addition on BTCNews.

Sources

• Kraken Blog: USDG deposits and withdrawals now available on Arbitrum One!

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