Can Bitcoin-Backed Tokens Compete With Traditional Savings Accounts? Buck Thinks So

Buck Foundation launched Buck, a governance token offering 7% annual rewards calculated by the minute, backed indirectly through Strategy's STRC perpetual preferred stock. Founded by Bird CEO Travis VanderZanden, the token targets non-US markets and positions itself as a savings alternative to stablecoins. The launch introduces a category distinct from payment-focused stablecoins, though regulatory clarity and sustainable yield sources remain open questions for the broader crypto savings sector.