KuCoin Launches KCUSD Yield Asset With Up to 6% APR on Stablecoin Balances
- —Subscription is 1:1 with USDT, USDC or USDG
- —No subscription fee; interest accrues daily
- —Maximum yield on the asset reaches 6% APR
Why it matters: The exchange is monetizing idle client stablecoins, intensifying competition among yield products on centralized exchanges.
Source: Coinotag