BlockBeats News, January 6 — According to CoinDesk, Buck Labs has launched the cryptocurrency BUCK, positioned as a “Savings Coin” targeted at non-U.S. users, primarily offering passive income for USD-denominated crypto assets rather than traditional stablecoins.
BUCK’s initial price is set at $1, with no hard peg to the dollar, and its price can fluctuate with the market. Its yield is indirectly derived from Strategy (MSTR)-related assets: Buck Fund will hold STRC perpetual preferred shares linked to Bitcoin, which pay periodic dividends to the treasury, used to distribute returns to BUCK holders, with an current annualized target of about 7%, accruing by the minute.
Buck Labs emphasizes that Michael Saylor and Strategy are not involved, sponsor, or endorse this project. BUCK uses a governance token structure, allowing holders to participate in profit-sharing and governance votes, and the company states it is not issued as a security. BUCK aims to complement rather than replace stablecoins, targeting users who seek relatively predictable crypto yields but prefer not to trade frequently.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
The Bhutanese government transferred 319.7 BTC to two wallets, worth approximately $22.67 million
Gate News message, on April 9, according to Onchain Lens monitoring, the government of the Kingdom of Bhutan transferred 319.7 BTC (worth about $22.67 million) to two wallets. One is a newly created wallet, possibly a CEX wallet; the other is an old wallet that was previously used to transfer funds for sale via a certain CEX or Galaxy Digital.
GateNews1m ago
Arthur Hayes: You need to see on-chain transactions to believe that Iran accepts BTC as payment—otherwise it’s just messing with the West
Gate News message, April 9, Arthur Hayes posted a comment on reports that Iran is charging Bitcoin tolls. Hayes said he would only believe that Iran is truly collecting tolls in the form of BTC after seeing the related transactions on the real Bitcoin blockchain. He believes that before that, it is only the Islamic Revolutionary Guard Corps playing with the Western fiat currency and financial system.
GateNews29m ago
Morgan Stanley Bitcoin ETF Debuts with $34 Million in First-Day Inflows, 0.14% Fee
Morgan Stanley’s spot bitcoin exchange‑traded fund (ETF) began trading on April 8, 2026 under the ticker MSBT on NYSE Arca, recording more than 1.6 million shares traded and approximately $34 million in net inflows on its first day.
CryptopulseElite58m ago
Michael Saylor’s Strategy Buys 4,871 BTC Worth $330M, Holdings Hit 766,970 BTC
Strategy has resumed its Bitcoin accumulation, acquiring 4,871 BTC for $329.9M, raising total holdings to 766,970 BTC. Funding comes from preferred shares, minimizing reliance on common stock. Despite a $14.46B loss, it aims for 1M BTC.
CryptoFrontNews58m ago
