The Rise of Savings Stablecoins: 7% Annualized Yield, No Collateral, No Lock-up, A New Vision

【Chain Wen】Recently, there’s a new development—former Uber and Lyft executive Travis VanderZanden has launched a savings-oriented stablecoin project called Buck ($BUCK). Essentially, they aim to solve a problem: the devaluation of the US dollar, making money less and less valuable.

Buck’s selling point is quite interesting. First, it offers an annualized yield of 7%, which is competitive in the stablecoin space. More importantly, there are no staking requirements, no lock-up periods, and it doesn’t involve lending logic. In other words, your money can be used at any time while earning passive income. This is their “SavingCoin” concept—a completely new idea.

The project team emphasizes a philosophy: users should enjoy the benefits, rather than becoming just products themselves. This may sound a bit harsh, but it points to a common pain point in the DeFi world—ordinary users are often treated as liquidity providers rather than beneficiaries of returns.

Buck Token holders can also earn additional rewards by participating in Buck DAO, specifically through monthly dividends from STRC preferred shares under Strategy Inc. This design effectively ties project governance with income incentives.

It’s worth noting that the project adopts a strict compliance stance— all transactions require AML (Anti-Money Laundering) verification. Additionally, it is currently not available to US users, likely for regulatory reasons.

The stablecoin market has indeed been competitive over the past two years, with innovations in both technical solutions and business models. How far Buck’s combination of savings and liquidity will go depends on the real needs of the market.