PANews reported on December 11th that, according to Business Insider, Figure Technology subsidiary Figure Certificate Company (FCC) plans to natively mint YLDS—a registered publicly traded debt security—on the Solana blockchain. YLDS is a securitized stablecoin designed to maintain a fixed dollar price and provide continuous yields through US Treasury bonds and Treasury repurchase agreements. Exponent Finance, a decentralized finance yield exchange platform on Solana, plans to be the first user of YLDS.PANews reported on December 11th that, according to Business Insider, Figure Technology subsidiary Figure Certificate Company (FCC) plans to natively mint YLDS—a registered publicly traded debt security—on the Solana blockchain. YLDS is a securitized stablecoin designed to maintain a fixed dollar price and provide continuous yields through US Treasury bonds and Treasury repurchase agreements. Exponent Finance, a decentralized finance yield exchange platform on Solana, plans to be the first user of YLDS.
Figure plans to introduce the securitized stablecoin YLDS into Solana.
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PANews reported on December 11th that, according to Business Insider, Figure Technology subsidiary Figure Certificate Company (FCC) plans to natively mint YLDS—a registered publicly traded debt security—on the Solana blockchain. YLDS is a securitized stablecoin designed to maintain a fixed dollar price and provide continuous yields through US Treasury bonds and Treasury repurchase agreements. Exponent Finance, a decentralized finance yield exchange platform on Solana, plans to be the first user of YLDS.
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