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

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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? appeared first on BeInCrypto.

Key Takeaways

  1. KuCoin has launched KCUSD, a new yield-bearing USD asset that puts stablecoins to work.
  2. 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.
  3. There is no fixed lockup period.
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Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.