Nikolas Sargeant
The Buck Foundation is setting the trend by launching the world’s first Bitcoin Dollar. The BUCK token will change how users earn returns on dollar-denominated crypto holdings.
BUCK Token Launches to Usher In the Era of Bitcoin Dollar Savings Coins
The Buck Foundation announced on Tuesday, January 6th, that it has launched BUCK, the world’s first Bitcoin Dollar savings coin.
In a press release shared with Cryptowisser, the team said this coin allows users to earn returns on dollar-denominated crypto holdings without relying on traditional stablecoins.
The token offers 7% annual rewards that accrue by the minute, with low transaction fees, positioning Buck as a savings-focused complement to today’s stable assets.
In addition to that, BUCK is a governance token that delivers its rewards by being indirectly backed by Bitcoin via its treasury holdings of STRC, Strategy’s Bitcoin-backed perpetual preferred stock.
The Buck Foundation chose STRC because it pays Buck’s treasury a monthly return of capital at a variable annual rate. Buck token holders vote on distributing these earnings directly to holders, creating a transparent savings community supported by STRC’s overcollateralization with Bitcoin and its established financial framework.
Buck is led by ed by founder and CEO Travis VanderZanden, a long-time Bitcoin investor and an experienced operator who has built and scaled many consumer technology companies. He had prior leadership experience at leading tech giants, including Bird, Lyft, and Uber.
While commenting on the launch, VanderZanden stated that,
“People want a simple way to earn rewards in crypto without becoming speculators, and that is exactly what Buck is designed to provide. By providing access to the Bitcoin Dollar with 7% rewards, we aim to make saving in crypto intuitive and accessible for everyone.”
The team revealed that BUCK will initially be priced at $1 per token and will enable holders to trade 24/7 rather than being confined to traditional market windows. Buck holders also earn rewards based on the precise time they hold the token.
Users can invest and withdraw directly in cryptocurrency without relying on fiat conversions or banking infrastructure. The company believes this reduces friction and makes savings rewards accessible to a wider global audience.
“The crypto market has matured significantly, and users now expect both immediate utility and reliable growth, much like having a checking account for everyday transactions and a dedicated savings account. In this new financial model, stablecoins act as the checking account, providing the easy payment liquidity needed for daily activity. Meanwhile, Buck is positioned as the high-reward savings coin, delivering dependable, predictable returns and financial discipline. Our goal is to make consistent savings a core financial function of crypto,” VanderZanden added.
Currently, BUCK is designed for non-U.S. users initially and is not being offered as a security.
Buck Labs Inc. is a digital asset technology company with a HQ in Miami, Florida, and the creator of the world’s first Bitcoin Dollar savings coin. Buck offers 7% annual rewards that are calculated by the minute and withdrawable at any time, providing a flexible and globally accessible savings community.
