KuCoin Launches KCUSD Stablecoin Amid DeFi Crisis
KuCoin has launched its own stablecoin, KCUSD, which will allow users to turn their idle stablecoins into yield-generating assets.
This move is part of KuCoin's efforts to address the rising DeFi crisis, with 32 price manipulation attacks reported in 2026, a record according to TRM Labs.
The KCUSD stablecoin will provide users with a new way to earn yields on their idle assets, which can be used for various purposes such as trading or lending.