World crypto alternate KuCoin has launched the USD1 Factors Program, an initiative that offers unique advantages to customers for interacting with USD1, a fiat-backed stablecoin issued by World Liberty Monetary (WLFI).
This system gives redeemable factors for finishing particular actions reminiscent of buying and selling, holding, staking, and taking part in GemPool.
How Does the KuCoin USD1 Factors Program Work?
This system permits KuCoin customers with a transparent path to incomes redeemable factors. Merchants can earn factors by shopping for USD1 in opposition to each stablecoin and non-stablecoin pairs, with restrict maker orders incomes double factors.
Associated: World Liberty Monetary’s USD1 Stablecoin Reaches a $2.2 Billion Market Cap in Underneath 90 Days
Customers can even earn day by day factors just by holding no less than 1,000 USD1 of their account or by staking it by way of KuCoin’s GemPool or Earn packages.
Notably, KuCoin confirmed that factors are up to date day by day at 00:00 UTC and credited on a T+1 foundation, guaranteeing clear and well timed distribution. Factors can later be redeemed for unique advantages, with full particulars anticipated to be introduced as this system develops.
What Is the USD1 Stablecoin KuCoin Is Championing?
For context, USD1 was launched in April 2025 by WLFI and is custodied by BitGo Belief Firm. Every token is pegged 1:1 to the U.S. greenback and backed by reserves that embody U.S. Treasury payments and different liquid belongings.
To keep up transparency, USD1 undergoes quarterly audits and makes use of Chainlink’s Proof of Reserves for on-chain verification.
Notably, the stablecoin helps zero-fee minting and redemption, alongside cross-chain transfers between Ethereum, TRON, and Solana utilizing Chainlink’s CCIP protocol. These options make it appropriate for international funds and decentralized finance functions.
Latest progress highlights its adoption, with provide increasing by 9 p.c following a $205 million mint. WLFI additionally confirmed plans to develop USD1 to the Solana community later in 2025, which may additional enhance its utility and circulation.
In the meantime, Coin Version had earlier reported the surge within the stablecoin’s progress. The USD1 stablecoin reached a $2.2 billion market cap in underneath 90 days with $500 million in day by day buying and selling quantity. This progress has now risen to $2.55 albeit with a discount in 24-hour buying and selling quantity to $399
What the Program Means for KuCoin Customers
This collaboration positions KuCoin as a key participant in selling stablecoin utility, probably driving elevated buying and selling quantity and consumer engagement. By rewarding actions like staking and liquidity provision, this system may speed up USD1’s adoption in DeFi and international funds.
For KuCoin customers, this gives a simple strategy to earn factors for unique advantages whereas interacting with a steady, audited asset. In the meantime, for the broader market, the transfer could strengthen competitors amongst stablecoins and encourage different exchanges to introduce related factors program fashions.
Disclaimer: The knowledge introduced on this article is for informational and academic functions solely. The article doesn’t represent monetary recommendation or recommendation of any sort. Coin Version just isn’t liable for any losses incurred on account of the utilization of content material, merchandise, or providers talked about. Readers are suggested to train warning earlier than taking any motion associated to the corporate.
