[Buck Launches Bitcoin-Pegged 'Savings Coin' BUCK, with Returns Indirectly Derived from Strategy-Related Assets] BlockBeats News, January 6, according to a report by CoinDesk, Buck Labs has launched the cryptocurrency token BUCK, positioned as a 'Savings Coin' for non-U.S. users. It focuses on providing passive returns for USD-denominated crypto assets, rather than functioning as a traditional stablecoin. BUCK is initially priced at $1 but is not rigidly pegged to the dollar, allowing its price to fluctuate with the market. Its returns are indirectly derived from Strategy (MSTR)-related assets: the Buck Foundation holds STRC perpetual preferred shares tied to Bitcoin. This asset pays periodic returns to the treasury, which are then distributed to BUCK holders. The current annualized target return is approximately 7%, accrued by the minute. Buck Labs emphasized that Michael Saylor and Strategy are not involved in, sponsoring, or endorsing this project. BUCK adopts a governance token structure, allowing holders to participate in governance votes, such as revenue distribution. The company also stated that BUCK is not issued as a security. BUCK is designed to complement, rather than replace, stablecoins, targeting users who seek relatively predictable crypto returns but prefer not to trade frequently.