Figure plans to introduce the securitized stablecoin YLDS to Solana

Figure Technology's subsidiary Figure Certificate Company (FCC) plans to natively mint YLDS on the Solana blockchain------a registered public debt security. It is reported that YLDS is a securitized stablecoin designed to maintain a fixed dollar price and provide continuous yield through U.S. Treasury bonds and repurchase agreements.

The decentralized finance yield exchange platform Exponent Finance on Solana plans to become the first user of YLDS.