According to CoinMeta, Kraken has announced the launch of a fixed-income reward program that allows eligible customers to earn a maximum annual fixed yield of 6% on cash and stablecoins (APY). Customers can choose the lock-up period, the interest rate, and allow the earnings to compound automatically without the need for active management. This program is applicable to eligible fiat currencies (US dollars, euros) and stablecoins (USDT, USDC, USDG) balances. Participation is subject to geographical and eligibility restrictions, and in the United States, it is limited to qualified investors only.