Buck Labs has introduced a new digital asset called Buck, designed as a savings-focused cryptocurrency tied to the U.S. dollar. The token is indirectly backed by Bitcoin through treasury holdings in STRC, a Bitcoin-backed perpetual preferred stock issued by Strategy. This structure connects Buck’s value to Bitcoin, while maintaining stability through a dollar peg.

Buck operates as a governance token, allowing holders to vote on how returns are distributed. Monthly yields from Strategy’s STR