Wu said that Kraken has officially launched the PayPal USD deposit channel, which is now open to users in the United States. Users can quickly deposit through their PayPal balance, linked bank cards, or credit cards without needing to enter bank account information or redirect to third-party pages. Currently, this feature covers the European Union, the United Kingdom, Australia, and the United States, with plans to expand to more countries in the future. Kraken stated that this move aims to further simplify the deposit process and enhance the accessibility and convenience of cryptocurrency trading.