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Kraken launches Fixed Rate Rewards, giving accredited US investors fixed APYs of up to 7% on cash and stablecoins

Kraken has introduced Fixed Rate Rewards, allowing accredited US investors to earn a fixed APY of up to 7% on USD, EUR, USDT, USDC, and USDG for terms of 3, 6, 12, or 18 months.

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Why It Matters

Provides accredited US investors with predictable, locked-in yields on fiat and stablecoins, potentially increasing asset retention on the Kraken platform.