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KuCoin’s New USD Asset Pays Up to 6% on Stablecoins. Is It Worth Using?

KuCoin has launched KCUSD, a new yield-bearing USD asset that puts stablecoins to work. Users earn a standard APR of up to 4%, with a promotional APR of up to 6% available to eligible participants, while retaining access to their funds. There is no fixed lockup period. Users can subscribe with USDT, USDC, or USDG The post KuCoin’s New USD Asset Pays Up to 6% on Stablecoins. Is It Worth Using?…

KuCoin’s New USD Asset Pays Up to 6% on Stablecoins. Is It Worth Using?
BeInCrypto
AI summary

KuCoin launched KCUSD, a yield-bearing USD asset that lets users earn up to 4% standard APR, or up to 6% promotional APR for eligible participants, with no fixed lockup period. Subscriptions can be made with USDT, USDC, or USDG while retaining access to funds. The product is a minor exchange-level offering that could modestly boost stablecoin deposits on KuCoin but is unlikely to move broader crypto prices.

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