Kraken enables PayPal deposits for U.S. users
- DIP Market
- 4 days ago
- 1 min read
Kraken has rolled out support for PayPal-based USD deposits, allowing U.S. users to fund their crypto accounts without using traditional banks.
The move comes amid growing scrutiny of fiat on-ramps, and lets Kraken sidestep banking bottlenecks that have slowed crypto trading volumes across the industry.
PayPal support is currently in pilot mode but already showing strong uptake—over $1M was deposited in the first 24 hours.
Source: ccn.com
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