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% | -1.79% | -3.73% | -1.38% | 457.89m | ||
| 0.00% | >-0.0001% | <0.0001% | +0.28% | 25.24m | ||
| 0.00% | -8.20% | -8.20% | 5.51 |