According to CoinMeta, the US dollar stablecoin U ( ustables ) has officially launched on Kraken exchanges, supporting trading pairs of ustables / usd. The stablecoin has a circulating market value of approximately $1.27 billion and a daily trading volume of around $200 million. It has already been listed on exchanges such as Binance, covering BNB Chain, Ethereum, and Tron, and is also integrated with Lista, Venus, and other DEFI protocols.