Kraken Adds USDC on Arc: How to Avoid a Wrong-Network Deposit

Quick answer: Kraken has added USDC deposits and withdrawals on Arc, an EVM-compatible Layer 1 that uses USDC for gas. The route is live, but users must select the exact Arc network on both sides of a transfer. Kraken explicitly warns that deposits using unsupported networks can be lost.

What Kraken added

Kraken announced that USDC funding over Arc is live. Users who see Arc as an available USDC funding network can deposit or withdraw through it. This does not make every USDC network interchangeable, and geographic restrictions may apply.

Why network selection matters

USDC exists on multiple networks. EVM-compatible networks can use the same-looking address format, which makes wrong-network transfers deceptively easy. An address format alone is not proof that the receiving service supports that chain.

Safe USDC deposit checklist

Open Kraken Funding and select USDC.
Confirm Arc is offered for your account.
Copy the deposit address directly from Kraken.
On the sending wallet or exchange, choose Arc as the withdrawal network.
Compare the address carefully and use a small test transfer when practical.

Safe withdrawal checklist

Choose Arc on Kraken only if the destination wallet or platform explicitly supports USDC on Arc. Do not select a network only because the fee looks lower. Confirm the destination can display and spend the Arc version of USDC.

If a USDC transfer is missing

Get the transaction hash and inspect its on-chain state. If it failed, funds generally remain with the sender. If it succeeded but Kraken has not credited it, verify the exact network and token used, then contact Kraken through official support with the hash, amount, addresses and timestamp. Do not resend until you understand the first transfer.

Scam warning

No legitimate recovery process requires your self-custody seed phrase. Anyone asking for it to recover a wrong-network deposit is trying to take control of your wallet.

Official source

See Kraken's USDC on Arc announcement.

FAQ

Does Kraken support USDC on Arc?

Yes, deposits and withdrawals are live according to Kraken.

Can I send Ethereum USDC to Arc?

Do not assume that a matching address means a matching network. Select the supported network explicitly.

What should I save if a deposit is missing?

Save the transaction hash, sender, destination, amount, network and timestamp.

Informational only, not investment advice. Verify current network support in Kraken before transferring stablecoins.