Figure Technology Solutions has launched YLDS, the first regulated yield-bearing stablecoin on the Stellar network. YLDS, issued by Figure Certificate Company, is an SEC-registered stablecoin that combines liquidity with money market-style yield, targeting fintechs and neobanks needing compliant onchain dollar holdings. This launch marks a significant step in Stellar's DeFi expansion, which processed $55.6 billion in stablecoin payments in 2025 and hosts over $2 billion in tokenized real-world assets. The introduction of YLDS is part of Stellar's broader strategy to enhance its DeFi infrastructure, following the integration of institutional-grade oracle price feeds by RedStone in March. Raja Chakravorti of the Stellar Development Foundation highlighted the product's potential to expand dollar-denominated stablecoin offerings with yield and global usability. Figure's Provenance blockchain also reached a TVL of $1.2 billion earlier this year, underscoring the company's influence in tokenizing real-world financial assets.