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Stablecoin information
YLDS is a fixed price, daily accrual public debt security native to blockchain. It is the first interest-bearing transferable stablecoin native to a public blockchain, registered with the Securities and Exchange Commission. YLDS can be transferred peer-to-peer and is backed by the same securities that prime money market funds hold.
Category:fiat-backed
Minting and Redemption
YLDS is minted by eligible KYC/KYB-approved users through Figure Markets in exchange for USD or supported stablecoins. YLDS is issued by Figure Certificate Company at a fixed $1 face value and can be redeemed through Figure Markets for USD, with stablecoin conversion also available through Figure Exchange.
Audits:No
Stablecoin usage by chain
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 0.00% | -0.27% | -6.34% | -12.46% | 415.8m | ||
| 0.00% | <0.0001% | +0.31% | +0.31% | 25.32m | ||
| 0.00% | >-0.0001% | +0.01% | +416,708,342% | 25m |
