Kraken warns of up to 12-hour delays for Tether USD deposits via Polygon funding gateway.

Kraken warns of up to 12-hour delays for Tether USD deposits via Polygon funding gateway.

Kraken, a leading cryptocurrency exchange, has issued a warning about potential delays in Tether USD (USDT) deposits via the Polygon funding gateway. The issue, which began on June 19, 2025, may result in delays of up to 12 hours. The exchange has assured users that all other funding methods are operating normally and that they are actively working to resolve the issue.

Kraken's status page indicates that the delay is a minor incident affecting the Ethereum (ETH) funding gateway [1]. Deposits and withdrawals involving Tether USD on the Polygon network may be delayed at this time. The exchange has advised users to be patient and to try again later if they encounter any issues.

The status page also reports that other funding methods, such as Interac E-Transfer for Canadian Dollar (CAD) deposits, are operating normally. However, users are advised to use the desktop web interface if they encounter any issues with mobile applications.

Kraken has not provided a specific resolution time for the issue, but they have assured users that they are working diligently to resolve it. The exchange has a history of resolving incidents quickly and efficiently, so users can expect the issue to be resolved soon.

In the meantime, users are advised to monitor the Kraken status page for updates and to use alternative funding methods if possible. Kraken's customer support is available to assist users with any questions or concerns they may have.

References:

[1] https://statussight.com/status/kraken