Buck Foundation Introduces Borderless Savings Coin Backed by Institutional Strength

The Buck Foundation has introduced a new digital savings coin called BUCK, designed to deliver predictable returns and minute-by-minute earnings. The token is backed by the Buck Foundation's holdings of STRC, a Bitcoin-collateralized perpetual preferred stock issued by Strategy (MSTR). These holdings generate monthly returns that fund rewards for BUCK holders.

BUCK aims to provide a 7% annualized return, compounded every minute. Unlike traditional stablecoins, BUCK is not pegged to the U.S. dollar and may fluctuate in value based on market conditions. The token's value is tied to the performance of the underlying Bitcoin-linked assets.

The Buck Foundation emphasizes that Michael Saylor and Strategy are not involved in or endorsing the project. Instead, BUCK operates as a governance token, allowing holders to participate in decisions about reward distribution and other key governance matters. This decentralized approach aims to create a transparent and community-driven savings model.

Why Did This Happen?

BUCK is positioned as a complement to stablecoins, which are typically used for liquidity and everyday transactions. The Buck Foundation envisions BUCK as a high-reward savings coin that offers financial discipline and predictable returns. This approach aligns with a growing demand among crypto users for tools that bridge the gap between speculative trading and long-term savings.

The token's structure is designed to reduce friction in accessing savings rewards. Users can trade BUCK 24/7 and earn rewards based on the exact time they hold the token. The process bypasses traditional banking infrastructure and fiat conversions, making the savings experience more accessible globally.

How Did Markets React?

BUCK debuted with an initial price of $1, but its value is subject to market demand and supply dynamics. Buck Labs has not marketed the token as a stablecoin, and its price may deviate from $1 over time. The company stresses that BUCK is not an investment security but rather a tool for passive income generation.

The token's yield structure is indirectly linked to Bitcoin through the STRC shares held by the Buck Foundation. This connection offers institutional strength and transparency, as STRC provides variable monthly returns to Buck's treasury. Token holders vote on how those returns are distributed, reinforcing the governance model.

What Are Analysts Watching Next?

Travis VanderZanden, founder and CEO of Buck Labs, has a background in building and scaling consumer technology companies. As the former CEO of Bird, he managed rapid global expansion and worked with city governments and regulators across multiple jurisdictions. His experience in the mobility and transportation sectors now informs his approach to digital assets and crypto savings.

VanderZanden argues that the crypto market has matured and users now expect both utility and growth. He likens the role of BUCK to a savings account in traditional finance, while stablecoins serve as the checking account. The model is intended to meet the growing demand for predictable returns in a space historically dominated by volatility.

BUCK is initially available to non-U.S. users, with plans to expand its accessibility. The project's long-term success will depend on factors such as market adoption, regulatory developments, and the performance of the underlying assets. Analysts will be watching how the token maintains its price stability and reward structure in response to market changes.

The Buck Foundation's launch of BUCK reflects a broader trend in the crypto industry to create more user-friendly financial tools. As digital assets continue to evolve, projects like BUCK aim to make crypto savings more intuitive and accessible for a wider audience.