a new era for stablecoin and PayFi

Concordium announced on July 22, 2025, a fundamental step for its ecosystem: its native token, CCD, is now available on the exchange platform Kraken, one of the most important in the world.

This strategic move opens the doors to users and developers from over 150 countries, including key markets such as the United States and the United Kingdom, offering access to an asset designed for concrete and regulated blockchain applications, with particular attention to the PayFi sector.

Concordium: The central role of CCD in the stablecoin infrastructure

The token CCD represents the backbone of the Concordium blockchain, supporting use cases where trust, compliance, and accountability are essential elements. The listing on Kraken lays the groundwork for the development of regulated stablecoins, supporting both issuers already active on the platform – such as Eurodollar and Aryze – as well as new projects in development.

According to Boris Bohrer-Bilowitzki, CEO of Concordium, the stablecoin sector is experiencing a turning point:

“Between the growing institutional demand and greater regulatory clarity, stablecoins are emerging as practical financial instruments. However, for true mass adoption, a scalable infrastructure is necessary, especially for applications that require identity verification, legal applicability, and seamless integration into payment systems. The listing on Kraken provides reliable access to developers and companies that want to build solutions with CCD at the center.”

Stablecoin and PayFi: towards real and regulated applications

The Concordium ecosystem is establishing itself as the blockchain of reference for stablecoin issuers, financial institutions, and developers engaged in creating real payment solutions. Among these, cross-border transfers, merchant transactions, and services requiring identity verification stand out.

The CCD token is positioned as a fundamental asset for the new generation of Smart Money: financial instruments and stablecoins designed not only for technical efficiency but also for interoperability with regulatory frameworks, payment systems, and user protections.

Kraken and Concordium: a collaboration for financial inclusion

The arrival of CCD on Kraken represents not only an opportunity for developers but also for all market participants. The expanded access to the token opens new avenues for the construction of regulated PayFi ecosystems and applications powered by stablecoin on a large scale.

Peter Dimitrakos, Principal – Asset Listings at Kraken, emphasized the shared mission:

“Our goal has always been to accelerate the global adoption of cryptocurrencies, so that everyone can enjoy true freedom and financial inclusion. Collaborating with Concordium is another step towards this shared future. We both aim to democratize access to financial services for everyone.”

New features and roadmap for the growth of the PayFi ecosystem

The listing on Kraken follows the public launch of the Protocol Level Tokens on Concordium’s Devnet and the announcement of a renewed roadmap to accelerate the growth of the PayFi ecosystem. Among the planned innovations are new functionalities, infrastructure updates, interoperability initiatives, and advanced development tools.

Concordium: a blockchain designed for compliance and privacy

Founded in 2018, Concordium stands out as a scalable Layer 1 blockchain that integrates a unique identity layer at the protocol level, ensuring verified and private user interactions thanks to zero-knowledge proof technology. The platform, research-backed, enables Smart Money with protocol-level programmable tokens, advanced PayFi functionalities such as time-released issuance and compliance checks, as well as ID-based geofencing systems for international transactions.

These characteristics make Concordium the ideal choice for stablecoin ready for real adoption, in line with the new regulatory frameworks. The goal is to offer a blockchain that combines innovation, security, and compliance with regulations, meeting the needs of institutions, developers, and end users.

The debut of CCD on Kraken marks a turning point for the adoption of stablecoin and regulated PayFi applications. Thanks to a platform that focuses on compliance, privacy, and interoperability, Concordium positions itself as a key player in building the next generation of digital financial instruments, ready to integrate with the real world and address the challenges posed by global regulation.