Crypto.com Integrates USDT and USDC on Polkadot Asset Hub to Slash Transfer Costs and Drive Global Adoption

21.10.2025 17:34

Crypto.com has enabled deposits and withdrawals for USDT and USDC via the Polkadot Asset Hub, a specialized parachain that reduces transfer costs and facilitates Layer 1 cross-chain asset management. This integration, announced on October 21, 2025, allows users to transact stablecoins directly through Polkadot's ecosystem, enhancing accessibility and interoperability. The Asset Hub functions as a decentralized bridge, supporting non-native tokens and NFT creation via smart contracts, and follows Binance's recent migration to the same platform.

Key technical details include the classification of assets as 'sufficient' or 'non-sufficient'. USDT and USDC are the first sufficient assets on the hub, with asset IDs 1337 and 1984, meaning they do not require a native token balance for transfers. For Polkadot, the Existential Deposit (ED) is 0.01 DOT, while Kusama's ED is 0.000003333 KSM. Other supported assets include Ethereum (ETH), wrapped Ether (wETH), and cross-chain tokens via Snowbridge and the Polkadot-Kusama bridge. Users are advised to verify token authenticity due to potential fraud risks.

Beyond technological upgrades, Crypto.com is expanding regionally through strategic partnerships. In Brazil, it integrated with SpiderTrader, the country's first fully integrated broker, granting access to Crypto.com's trading engine. In South Korea, a Memorandum of Understanding with Travel Wallet will launch a co-branded prepaid card for crypto payments and integrate Crypto.com's crypto-as-a-service technology, promoting KRW-denominated stablecoins and improving cross-border transactions. Travel Wallet's CEO, Kim Hyung-woo, emphasized the goal of creating a unified payment ecosystem linking digital and traditional currencies.

Additionally, Crypto.com will serve as the official crypto payments partner at the APEC CEO Summit Korea 2025, scheduled for October 28–31 in Gyeongju. This event will convene executives and policymakers to discuss digital innovation, artificial intelligence, and economic trends, underscoring Crypto.com's push for cross-border payment efficiency and broader stablecoin adoption in the Asia-Pacific region.

USDT
Major positive development with Crypto.com integrating USDT on Polkadot Asset Hub, reducing transfer costs and enhancing cross-chain interoperability. This follows Binance's similar migration, signaling strong institutional adoption. Regional expansions in Brazil and South Korea plus APEC Summit partnership drive global stablecoin utility. Long-term adoption prospects are excellent, though USDT's peg mechanism limits direct price appreciation beyond 1:1 USD parity.
USDC $1.00 -0.02%
Fundamental outlook strongly positive. Crypto.com's Polkadot integration expands USDC's cross-chain utility, reducing transfer costs and enhancing interoperability. Regional partnerships in Brazil/South Korea and APEC summit sponsorship drive institutional adoption. As a stablecoin, these developments increase usage volume and network effects rather than direct price appreciation, but significantly boost long-term ecosystem positioning against competitors.
DOT $2.77 -6.43%
Strong positive fundamental catalyst from Crypto.com's USDT/USDC integration on Polkadot Asset Hub, enhancing ecosystem utility and cross-chain interoperability. Following Binance's recent migration, this institutional adoption signals growing parachain utility. Regional expansions in Brazil/Korea and APEC partnership further validate DOT's payment infrastructure role. Short-term price may see moderate gains as adoption news filters through, though technical overbought conditions could limit immediate upside. Long-term bullish for DOT as stablecoin integration drives network usage and fee generation.
Technical analysis
RSI at 66.2 shows approaching overbought territory, MACD positive but momentum slowing. Price above all EMAs confirms uptrend, but stochastics at 84.17 indicate near-term exhaustion risk. Volume below average suggests cautious participation.
KSM $9.99 -4.56%
Fundamental news is moderately positive for KSM as Crypto.com's integration of USDT/USDC on Polkadot Asset Hub enhances ecosystem utility and cross-chain interoperability. The mention of KSM's low existential deposit (0.000003333 KSM) reinforces its technical role in the network. However, the news primarily focuses on stablecoin adoption rather than direct KSM demand drivers. Short-term price impact may be limited, but long-term ecosystem growth could gradually benefit KSM through increased network activity and utility.
Technical analysis
Technical indicators show mixed signals: RSI at 63-65 suggests bullish momentum but approaching overbought territory. ADX above 40 indicates strong trend strength across multiple timeframes. Current price above key EMAs (20,50) confirms uptrend, though volume below 20-period average suggests weakening participation.
Sources
Crypto.com Adds USDT and USDC Support via Polkadot Asset Hub to Reduce Transfer Costs
crypto-economy.com 21.10.2025 17:28
Crypto.com Enables USDT and USDC Transactions Through Polkadot Network
coindoo.com 21.10.2025 17:15
Crypto.com launches USDT, USDC deposits and withdrawals on Polkadot Asset Hub
cryptopolitan.com 21.10.2025 13:50
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