KuCoin Launches KCUSD Yield Product with Dynamic APR

KuCoin has launched KCUSD, an Earn product designed to generate daily returns from stablecoin balances supported by real-world-asset yields.

The product is available to eligible retail, high-net-worth, and institutional users and can be subscribed with USDT, USDC, or USDG. The base annual percentage rate is dynamic and can reach up to 4%, while a promotional APR of up to 6% may be offered for qualifying new funds.

KCUSD has no subscription fee and offers redemption in the same asset used for subscription, with returns credited daily and automatically added to users' balances. The product's supporting real-world assets include tokenized U.S. Treasury securities.

The collateral functions of KCUSD are currently under development, but when implemented, they could allow users to earn returns while using the product as trading collateral.