KernelDAO Unveils Reward-Bearing Stablecoin KUSD, Targeting $30T RWA Market

KernelDAO, a BNB Chain-based restaking protocol, is entering the stablecoin arena with KUSD—a yield-generating asset backed by short-term receivables. Unlike traditional stablecoins that remain dormant, KUSD leverages institutional activity in remittances, payroll, and trade finance to create a self-sustaining liquidity cycle.

The project's $2.4 billion DeFi ecosystem, including liquid restaking protocol Kelp and vault platform Gain, provides the foundation for this ambitious move. KUSD operates via Kred, an "Internet of Credit" layer designed to bridge crypto liquidity with real-world financial flows.

This initiative positions KernelDAO at the forefront of the real-world asset (RWA) sector, which analysts project could reach $30 trillion by 2034. The stablecoin's unique reward mechanism could disrupt existing models by turning transactional velocity into yield generation.