KuCoin launches KCUSD with up to 4% base APR on Stablecoins

• KuCoin launches KCUSD with a base APR of up to 4%.
• KCUSD offers daily returns on eligible stablecoin balances.
• KuCoin plans to expand KCUSD into collateral and trading utility.

KuCoin has launched KCUSD, a new Earn product designed to help stablecoin holders generate returns on otherwise idle balances.

The product will be available to eligible retail, high-net-worth, and institutional users, with subscriptions initially starting from as little as 1 USDT, USDC, or USDG.

KCUSD will offer a dynamic base annual percentage rate (APR) of up to 4%, with users able to earn returns simply by holding the asset.

KuCoin said there will be no subscription fee, while redemptions will be available in the same asset used for subscriptions.

Returns will be credited daily and automatically added to users' KCUSD balances.

This structure allows returns to compound daily without requiring users to manually reinvest their earnings.

During the initial launch period, eligible users who participate with qualifying new funds may receive a promotional APR of up to 6%, according to the company.

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