Kraken introduced Fixed Rate Rewards on 3 September 2026, allowing eligible clients to lock cash and stablecoin balances into fixed yields of up to 6% APY. Clients select three-, six-, 12- or 18-month terms, with longer commitments generally offering higher rates. Rewards compound weekly, while an optional auto-renewal feature reinvests funds at the prevailing rate for the same term when maturity is reached. The product supports eligible U.S. dollar and euro balances, as well as USDT, USDC and USDG, through Kraken Consumer and Pro apps on web and mobile. Availability is restricted by geography and eligibility, and U.S. access is limited to accredited investors. The launch expands Kraken Earn and follows other efforts, including higher ETH/USD margin leverage and a banking tie-up with SoFi, as Kraken seeks to keep clients on its platform with more predictable yield products.