Figure Markets’ Yield-Bearing Stablecoin on Solana Scores SEC Approval
Figure Markets brings the first SEC-approved yield-bearing stablecoin to Solana in the form of YLDS. YLDS will use the Secured Overnight Financing Rate minus 0.5% to determine its APR. Investors can redeem their YLDS in-kind or for USD 24/7, demonstrating the power of the blockchain for yield-bearing assets. The new product adds another high-profile tokenised […]