Cryptocurrency exchange Kraken has announced the launch of its “Fixed Rate Rewards” product for eligible U.S. accredited investors. The product offers a fixed annual percentage yield (APY) of up to 7% and supports fiat currencies such as the U.S. dollar and the euro, as well as stablecoins including USDT, USDC, and USDG. Investors can choose lock-up periods of 3, 6, 12, or 18 months to lock in the yield and receive automatic compounding.