KuCoin Launches KCUSD Yield Generator for Stablecoin Holders
KuCoin has launched its new Earn product, KCUSD, which offers eligible users up to 4% base APR on certain stablecoin holdings. The initial promotional rate for qualifying new funds is up to 6%. The product supports USDT, USDC, and USDG subscriptions starting at 1 unit, with no subscription fee.
Users will receive daily returns automatically added to their KCUSD balances, allowing the product to compound without requiring manual reinvestment. KuCoin plans to expand KCUSD's use toward collateral and trading functions in the future.
The company aims to bring yield, liquidity, and risk utility into a more integrated system through this new product. BC Wong, KuCoin's CEO, described KCUSD as an initial step toward broader trading utility for yield-bearing assets.