Kraken has unveiled a payment platform to compete directly with PayPal, Venmo, Cash App, and MoonPay. [ANNOUNCEMENT]
The core thesis: leverage crypto rails to eliminate the intermediaries and delays that plague traditional cross-border payments.
But Krak isn't just another payment app trying to be the next Venmo.
It's attempting something far more ambitious: becoming the everything app for money, aiming at the $213 billion cross-border payments market.
