KuCoin's new KCUSD product is a principal-protected Earn offering that pays yields daily, backed by real-world assets including tokenized U.S. Treasury securities. Users can mint KCUSD at a 1:1 ratio against USDT, USDC or USDG, with no subscription fees. The standard yield reaches up to 4% APR, while a launch campaign offers a promotional rate of up to 6% APR. The product is live, according to the exchange's announcement, which did not specify the campaign's duration or further terms.

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