Solana: Interest-bearing stablecoin to be launched
Solana retweeted the Figure MarketsX tweet and said it will soon launch a dividend-paying stablecoin that is unlocked and secure on-chain.
According to RootData, Web3's asset data platform, Figure Markets combines the liquidity of traditional finance with decentralised asset control to offer investors a variety of blockchain-native assets, including cryptocurrencies, equities, and alternatives.Figure Markets will be launching a decentralised custodian cryptocurrency exchange and blockchain-native secure marketplace based on the Provenance blockchain. cryptocurrency exchange and blockchain-native secure marketplace based on the Provenance blockchain, which incorporates Multiparty Computing (MPC) technology.
YLDS is a ‘Yield Stablecoin’ launched by Figure Markets on 20 February 2025 and is pegged 1:1 to the US Dollar. Pegged 1:1 to the US dollar and registered with the SEC as a public security, YLDS provides income and has a current annualised yield of approximately 3.85%.

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