KuCoin Introduces KCUSD with Up to 4% Daily Yields
KuCoin has launched KCUSD, an Earn product designed to help users earn returns on their stablecoin balances. The new product offers daily yields backed by real-world assets and is available to eligible retail, high-net-worth, and institutional users.
The initial subscription options start at 1 USDT, USDC, or USDG with no subscription fee, and users can redeem same-asset subscriptions. The product's dynamic base annual percentage rate (APR) ranges up to 4%, allowing users to earn by holding KCUSD.
Returns are credited daily and automatically added to users' KCUSD balances, enabling compounding without manual reinvestment. KuCoin aims to combine yield generation with planned future collateral utility to improve capital efficiency and expand the use of yield-bearing assets in crypto market infrastructure.