KuCoin Launches KCUSD Yield Product with a Maximum Dynamic Annualized Yield of 6%

Odaily Planet Daily News: Cryptocurrency exchange KuCoin launched the yield product KCUSD on September 7, available to eligible retail investors, high-net-worth individuals, and institutional users. It supports subscriptions using USDT, USDC, or USDG, with a minimum investment amount equivalent to $1, no subscription fees, and allows redemption in the same asset. KCUSD adopts a hold-to-earn model, with a base dynamic annualized yield of up to 4%. During the initial launch period, users who use eligible new funds can achieve a maximum annualized yield of 6%. KuCoin stated that it plans to integrate KCUSD as margin collateral in the future to connect liquidity, yield, and trading functionalities. (Bitcoin.com News)