0x0b6f330b…34a2sent to0xb024ac5a…a016·#24,350,893·0xd6c277d7…b07979
# Add KarsaUSD (kUSD) Extension to Earner List
# Add KarsaUSD (kUSD) Extension to Earner List
## Description
KarsaUSD (kUSD) is an M0-backed stablecoin powering Karsa, a stablecoin neobank for emerging markets.
Karsa provides financial services to underbanked populations in emerging markets, including US virtual accounts, crypto on/off-ramping, and debit cards. We're building the infrastructure for borderless money movement.
- Website: [gokarsa.com](https://gokarsa.com/)
- LinkedIn: [linkedin.com/company/karsa](https://www.linkedin.com/company/karsa)
- X: [x.com/go_karsa](https://x.com/go_karsa)
## Extension Details
- **Extension Name:** KarsaUSD
- **Ticker:** kUSD
- **Targeted Chain:** Base
## Yield Distribution
KarsaUSD uses the JMI (Just Mint It) extension, a fork of the MYieldToOne architecture. All yield accrues to a single Yield Recipient wallet controlled by Karsa, which we will distribute to users.
- **Yield savings:** Users earn yield on their kUSD holdings distributed by Karsa
- **Cross-border payments:** kUSD serves as the settlement layer for Karsa's remittance and payment products
- **Card funding:** Users can fund their Karsa debit cards with yield-bearing kUSD
## Security / Compliance
- KarsaUSD uses M0's standard JMI extension architecture with zero modifications to the core contract logic. The JMI framework has been audited as part of M0's core infrastructure.
- The kUSD contract includes freeze functionality for AML/sanctions compliance. We maintain the ability to freeze addresses as required by regulatory obligations.
## Benefits to M0 Ecosystem
- **New market expansion:** Karsa operates in emerging markets where M0 currently has limited presence, bringing new users and TVL to the ecosystem
- **Real-world utility:** kUSD will be actively used for payments, remittances, and card transactions - not just held for yield
- **Increased demand:** Every kUSD minted drives inflows through the SwapFacility
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We are requesting that KarsaUSD (kUSD) be added as an approved earner.
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