🌍 Kraken Launches “Krak” App — Crypto Payments Go Global
💡 What’s New
Krak is a mobile-first app by Kraken designed for instant, global crypto payments—no fees, no borders .
Users can pay friends, family, or businesses instantly using Bitcoin, Ethereum, and others, leveraging the lightning-fast Wyre rails for fiat off-ramps .
Features include real-time exchange rates, multi-chain support, and built-in support for Wyre fiat rails, enabling seamless on/off ramps .
🚀 Why It Matters
Borderless transactions: No more region-locked limitations—global money transfers via crypto.
Low fees & speed: Only on-chain and Wyre fees apply—no hidden charges.
Crypto in real life: Pushes crypto's mainstream utility as a daily payment method.
Institutional edge: Kraken integrating consumer-facing crypto payments competes with apps like Cash App or Revolut.
