Stablecoin Launch: SEC-Registered Yield Offering

Figure Markets Launches SEC-Registered Yield-Bearing Stablecoin YLDS

• Figure Markets introduced YLDS, a yield-bearing stablecoin registered with the SEC.
• YLDS operates on the Provenance Blockchain and pays interest monthly.
• The stablecoin is backed by securities similar to prime money market funds.
• Returns are based on the Secured Overnight Financing Rate (SOFR) minus 50 basis points.
• Figure Technologies has processed over $41 billion in blockchain transactions.

Figure Markets launched YLDS, a yield-bearing stablecoin registered with the SEC, offering returns based on SOFR minus 50 basis points. The company has processed over $41 billion in blockchain transactions.