Figure Technology's subsidiary, Figure Certificate Company (FCC), is set to introduce YLDS, a securitized stablecoin, on the Solana blockchain. YLDS is designed to maintain a stable dollar value while offering continuous yields through investments in US Treasury bonds and repurchase agreements. Exponent Finance, a DeFi yield exchange on Solana, will be the first to utilize YLDS, marking a significant step in integrating traditional financial instruments with blockchain technology.
Figure to Launch Securitized Stablecoin YLDS on Solana
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