Crypto.com Enables USDT and USDC Transactions Through Polkadot Network

• 21 October 2025
• |
• 20:15

Crypto.com has expanded its blockchain connectivity by enabling USDT and USDC deposits and withdrawals through Polkadot’s Asset Hub.

The Singapore-based exchange confirmed that users can now move stablecoins directly via Polkadot’s dedicated Layer 1 chain, built to host and manage non-native tokens securely and efficiently.

The Asset Hub, a core part of Polkadot’s ecosystem upgrade, functions as an experimental ground for cross-chain liquidity and decentralized asset management. It marks another milestone in the network’s evolution, following its migration from the older Layer 0 metaprotocols earlier this month.

Strengthening the Polkadot Ecosystem

Crypto.com’s integration follows a certain trading platform’s recent move to support Polkadot and Kusama post-migration. Assets on the hub are divided into “sufficient” and “non-sufficient” types based on whether they require a small native token balance to exist. On Polkadot, that threshold sits at 0.01 DOT, while Kusama’s is 0.000003333 KSM.

USDT and USDC have been introduced as the first sufficient assets, meaning they don’t need a native balance to transfer. Other supported tokens include ETH, wrapped Ether, and Kusama’s native KSM, alongside cross-chain assets bridged through Snowbridge and Polkadot <> Kusama connections.

Polkadot reminded users to verify asset authenticity before transacting, as anyone can issue tokens with similar names.

Expanding in Brazil and South Korea

Beyond its blockchain upgrades, Crypto.com is widening its presence across global markets. In Brazil, it has integrated with SpiderTrader – a retail trading platform serving thousands of local users – making it Crypto.com’s first fully integrated broker in the country.

The collaboration allows SpiderTrader’s users to tap directly into Crypto.com’s trading engine. According to Exchange Director Karl Turner, the initiative reflects the company’s strategy of partnering with trusted regional platforms in key adoption markets like Latin America.

In South Korea, Crypto.com signed an MoU with fintech firm Travel Wallet, which boasts over eight million users. The agreement will see both companies launch a co-branded prepaid card that supports crypto and fiat payments, while integrating Crypto.com’s “crypto-as-a-service” technology into the Travel Wallet app.

Travel Wallet’s KRW-backed stablecoin will also be promoted jointly as part of efforts to streamline cross-border transactions. CEO Kim Hyung-woo said the goal is to create “a unified payment ecosystem linking digital and traditional currencies.”

Next Stop: APEC CEO Summit 2025

Crypto.com’s next major appearance will be at the APEC CEO Summit Korea 2025, where it will serve as an official partner. The event, set for October 28–31 in Gyeongju, will bring together global leaders to discuss AI, fintech, and digital innovation.

By linking Polkadot’s interoperability with regional fintech networks, Crypto.com continues to cement its role as a global bridge between traditional finance and decentralized technology.