KuCoin Introduces Daily Yield for Stablecoin Holders
KuCoin has introduced KCUSD, a new Earn product that enables eligible users to earn daily returns on their stablecoin holdings. The product will initially support USDT, USDC, and USDG, with subscriptions starting at 1 unit of any supported stablecoin.
The dynamic base APR for KCUSD is up to 4%, with returns credited daily and automatically added to users' balances, allowing earnings to compound without manual reinvestment. During the initial launch period, eligible users depositing new funds may receive a promotional APR of up to 6%.
KuCoin CEO BC Wong stated that digital asset markets are entering a phase where infrastructure will be measured by access, liquidity, and capital efficiency. KCUSD is designed to address the issue of idle stablecoin balances, which can limit trading utility while leaving potential returns untapped.