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WhiteBIT Coin ($WBT) Officially Listed on Kraken Exchange, Highlighting Its Growing Recognition

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WhiteBIT Coin ($WBT) Officially Listed on Kraken Exchange, Highlighting Its Growing Recognition

[PRESS RELEASE – Vilnius, Lithuania, March 5th, 2026]

WhiteBIT, the largest European cryptocurrency exchange by traffic, announces that its native WhiteBIT Coin (WBT) is now trading on Kraken, one of the world’s long-standing crypto platforms. WBT trading is available on WBT/EUR and WBT/USD pairs, giving more traders worldwide access to the coin and reflecting the asset’s growing recognition in the market.

The listing marks a significant milestone for WhiteBIT, following rapid growth in 2025, during which WBT surged 160%, reaching an all-time-high of $64.11 and solidifying its position as the 11th-largest cryptocurrency by market capitalization at $10.7 billion, according to CoinGecko.

“Listing WBT on Kraken represents a logical next step in the expansion of the WhiteBIT ecosystem,” said Volodymyr Nosov, Founder and President of W Group, which WhiteBIT is a part of. “It reflects the momentum we’ve built through ecosystem growth, strategic partnerships, and increasing institutional visibility. It’s another important endorsement of WBT’s value and its role in the future of digital finance.”

This momentum has been powered by the expansion of the W Group ecosystem, which WhiteBIT is a part of, including:

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  • High-profile partnerships, such as the collaboration with Juventus, making WhiteBIT the club’s Official Sleeve and Cryptocurrency Exchange Partner.
  • Global market expansion, with new operations in South America and the United States.
  • Strategic cooperation in the Middle East, including partnership with Saudi Arabia to develop blockchain infrastructure and CBDC framework.
  • Institutional recognition, including WBT’s inclusion in the S&P Crypto Indices, reflecting the token’s growing liquidity and market relevance.

Launched in 2022, WhiteBIT Coin (WBT) is the native utility token of the WhiteBIT platform. It offers significant advantages within the WhiteBIT exchange ecosystem, including reduced trading fees (up to 100% discount), increased referral bonuses (up to 50%), and free daily withdrawals. Users also gain from free AML checks, staking rewards up to 22.1%, and exclusive access to new projects via the WhiteBIT Launchpad.

The addition of WBT to Kraken not only expands access for traders worldwide but also reinforces WhiteBIT’s commitment to developing a globally recognized exchange-native coin that delivers utility, liquidity, and long-term value.

About WhiteBIT

WhiteBIT is the largest European cryptocurrency exchange by traffic, offering over 900 trading pairs, 350+ assets, and supporting 8 fiat currencies. Founded in 2018, the platform is a part of W Group which serves more than 35 million customers globally. WhiteBIT collaborates with Visa, FACEIT, FC Juventus and the Ukrainian national football team. The company is dedicated to driving the widespread adoption of blockchain technology worldwide.

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Crypto World

Stablecoins Do Not Threaten Banking Just Yet: Analyst

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Stablecoins Do Not Threaten Banking Just Yet: Analyst

The impact of stablecoins on the banking sector appears “limited” at the current phase of the adoption cycle, but banks could face increasing competition and an erosion of market share as the stablecoin sector and tokenized real-world assets (RWAs) grow in market capitalization. 

“So far, the use of stablecoins remains limited, but their market capitalization exceeded $300 billion at the end of last year,” Abhi Srivastava, associate vice president of Moody’s Investors Service Digital Economy Group, told Cointelegraph.

The stablecoin market cap has surged past $300 billion. Source: RWA.xyz

The role of stablecoins in payments, cross-border commerce and onchain finance is “expanding,” despite their currently limited role, Srivastava said, adding that existing payment systems in the US are already “fast, low-cost and trusted.” He said:

“For the banking sector, at this stage, disruption risk appears limited. In the near term, US rules that prohibit stablecoins from paying yield mean they are unlikely to replace traditional deposits at scale domestically.”

However, over time, growing adoption of stablecoins and tokenized RWAs, traditional or physical financial assets represented on a blockchain by a token, could place “pressure” on the banking sector, leading to deposit outflows and reduced lending capacity, he said.

Stablecoin regulatory policy has become a hot-button issue among crypto industry executives and those in the banking sector, with fears that yield-bearing stablecoins could erode banking market share proving to be a stumbling block for the CLARITY crypto market structure bill in Congress. 

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Related: Stablecoins behave like FX markets as liquidity splits: Eco CEO

CLARITY Act stalled, as banks fight yield-bearing stablecoins

The Digital Asset Market Clarity Act of 2025, also known as the CLARITY Act, is a comprehensive crypto market regulatory framework that establishes an asset taxonomy, regulatory jurisdiction and oversight over the crypto markets.

The CLARITY crypto market structure bill. Source: US Congress

It is now stalled in Congress after a group of crypto industry companies, led by cryptocurrency exchange Coinbase, publicly stated opposition to earlier drafts of the bill.

A lack of legal protections for open-source software developers and a prohibition on yield-bearing stablecoins were among some of the most contentious issues cited by crypto industry opponents of the legislation.

Several attempts have been made by US lawmakers and the White House to negotiate a bill acceptable to both the crypto industry and the bank lobby.

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Earlier this month, North Carolina Senator Thom Tillis said he plans to release an updated draft bill proposal that would be acceptable to both sides; however, the bill has reportedly received pushback, according to Politico, and has yet to be publicly released. 

However, other crypto industry executives and market analysts have warned that if the CLARITY Act fails to pass, it could open the crypto industry up to future regulatory crackdowns by hostile lawmakers and officials.

Magazine: Stablecoins will see explosive growth in 2025 as world embraces asset class