Yield
USDC on Kraken Earn
Kraken Earn pays 4.0 % APY on USD Coin (USDC) as a Flexible rate. On YieldScope Kraken Earn carries a safety grade of B, scored across five risk criteria. Below: where USDC earns more — and where it earns safer.
Lune.fi F Yield source: Exchange Earn
Where else USDC earns
Kraken Earn pays 4.0 % on USDC. Here's how other venues compare — by rate and by safety.
Why Kraken Earn is graded B
Five binary safety criteria — each one passed or not. The more passed, the safer.
- ✓
Regulation
FinCEN MSB registration, FCA license in the UK, MiCA CASP license via the Central Bank of Ireland (2025), registered in Canada. One of the most regulated exchanges. Source →
- ✓
Proof-of-Reserves
Publishes an independently audited Merkle-tree PoR semi-annually (Armanino -> Mazars). Covers all major assets. Source →
- ✓
Flexible withdrawal
All Earn products are Flexible. Staking with unbonding ~2-28 days depending on asset. Source 1 → Source 2 →
- ✗
Insurance Fund
Kraken officially states that digital assets and accounts are not covered by insurance against losses, and no public user-protection fund is disclosed (unlike Binance's SAFU or Bitget's Protection Fund). Strong security practices (majority cold storage) do not substitute an explicit fund. Source 1 → Source 2 →
- ✓
Track record (2+ years incident-free)
Operating since 2011 — Kraken dates its own history from then — with no major incident involving user funds in all that time. Source →
USDC rate history on Kraken Earn
Over the 98 days we have recorded it, Kraken Earn changed this USDC rate 2 times; the current one has held for 3 days.
Daily snapshots from YieldScope's rate sync. Hover to inspect any day.
How USDC yields moved across exchanges
from 2026-05-25 to 2026-09-26
Among the 19 venues we have USDC history for, Kraken Earn currently sits at #7 by rate — with 98 days of our own daily snapshots behind that number.
Source: daily snapshots via exchange APIs
Your money, this pair
How much will you earn?
Method: monthly compounding (1 + APR/12)ⁿ, where APR is the exchange's stated rate. The realized 12-month return is slightly higher due to reinvestment. Rates may change. Not financial advice.
This is not an affiliate link. Price for you doesn't change.
How USDC earns on Kraken Earn
When you deposit USDC into Kraken Earn's earn product you receive 4.0 % APY as a Flexible rate. The platform puts the asset to work and shares the yield — your balance grows without you doing anything.
This is a base rate, not a promotional teaser: it's what an ordinary deposit actually earns. Kraken Earn carries a YieldScope safety grade of B, so weigh the yield against platform risk — a higher rate on a weaker grade is not automatically a better deal.
Rates on USDC move with lending demand and market conditions. We re-check them daily and keep a history, so you can see whether today's number is unusually high, unusually low, or steady.