Kucoin will deploy USD1 Factors Program to advertise Stablecoin engagement

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  • Kucoin introduces USD1 Factors Program to reward USD1 adoption
  • Customers can earn factors via buying and selling, holding, staking and gem swimming pools
  • USD1 is a Fiat-backed stubcoin, on-chain audited and verified

International Crypto Change Kucoin has launched the USD1 Factors Program, an initiative that gives customers unique advantages to work together with USD1, a FIAT-backed Stablecoin issued by World Liberty Monetary (WLFI).

This system supplies redemptionable factors to finish sure actions comparable to buying and selling, holding, staking, and participation at Gempool.

How does the Kucoin USD1 Factors Program work?

This system permits Kucoin customers with a transparent move to earn redemptive factors. Merchants can earn factors by buying USD1 for each Stablecoin pairs and unstable coin pairs, whereas Restrict Maker Orders earns double factors.

Associated: World Liberty Monetary’s USD1 Stablecoin reaches a market capitalization of $2.2 billion in below 90 days

Customers solely need to preserve no less than 1,000 USD1 of their account, or By dyeing it Win this system via Kucoin’s Gempool.

Specifically, Kucoin confirmed that factors had been up to date each day at 00:00 UTC and credited on a T+1 foundation, guaranteeing a clear and well timed distribution. Factors could be redeemed later for unique advantages, and full particulars are anticipated to be launched as this system is developed.

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USD1 Stablecoin What’s Kucoin defending?

For context, USD1 was launched by WLFI in April 2025 and is being held custody by the Bitgo Belief Firm. Every token is mounted at 1:1 in US {dollars} and is supported by reserves that embody US Treasury payments and different present belongings.

To keep up transparency, USD1 undergoes quarterly audits and makes use of a backup proof of chain hyperlinks for chain-on-chain verification.

Specifically, Stablecoin helps zero-fee mint and redemption, together with cross-chain transfers between Ethereum, Tron, and Solana, utilizing ChainLink’s CCIP protocol. These options make it appropriate for international funds and decentralized finance purposes.

Current progress has highlighted its adoption, with provide rising 9%, following the $205 million mint. WLFI has confirmed plans to broaden USD1 to the Solana community within the second half of 2025. This might additional enhance utility and circulation.

In the meantime, Coin Version had beforehand reported a surge in Stablecoin’s progress. USD1’s Stablecoin reached a market capitalization of $2.2 billion in below 90 days, with each day buying and selling quantity of $500 million. This progress has risen to $2.55 regardless of a 24-hour buying and selling quantity dropping to $399

What does this system imply for Kucoin customers?

This collaboration may place Kucoin as a key participant in selling Stablecoin utility, and drive elevated buying and selling quantity and consumer engagement. By rewarding actions comparable to staking and liquidity provision, this system might speed up adoption in USD1 Defi and International funds.

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For Kucoin customers, this supplies a straightforward option to earn factors for unique income whereas interacting with secure, audited belongings. In the meantime, within the broader market, this transfer may strengthen competitors between stubcoins and encourage different exchanges to introduce related points-program fashions.

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