Kraken Blog/
Kraken launches Fixed Rate Rewards, giving eligible clients fixed APYs of up to 6% on cash and stablecoins
Kraken has launched Fixed Rate Rewards, a new feature of Kraken Earn allowing eligible clients to earn a fixed APY of up to 6% on USD, EUR, USDT, USDC, and USDG balances for terms of 3, 6, 12, or 18 months.
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It provides users with predictable, locked-in yields on fiat and stablecoins, potentially increasing liquidity and user retention on the exchange.