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Crypto Marketplace Figure Markets Launches SEC-Registered Yield-Bearing Stablecoin as RWA Demand Soars

Summary by Coin Desk

Digital asset marketplace Figure Markets has launched YLDS, the first yield-bearing stablecoin registered as a public security offering with the U.S. Securities and Exchange Commission (SEC), the company said Thursday.The YLDS stablecoin, issued through Figure Certificate Corporation, operates on the Provenance Blockchain and accrues interest daily, paid out every month in either U.S. dollars or YLDS tokens. It is backed by the same securities a…

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Coin Desk

Crypto Marketplace Figure Markets Launches SEC-Registered Yield-Bearing Stablecoin as RWA Demand Soars

2 days ago·Manila, Philippines

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Bloomberg

Yield-Bearing Stablecoin Alternative Receives Approval From SEC

Yield-bearing stablecoins have long been on the wish list of many crypto market participants who use the tokens to facilitate billions of dollars in transactions daily.

2 days ago·United States

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Fortune

Figure gains SEC approval for first interest-bearing stablecoin launch

It’s the first time the regulator has approved the registration of an interest-bearing stablecoin as a public security.

2 days ago·New York, United States

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Techmeme

+2 Reposted by 2 other sources

The US SEC approves a yield-bearing stablecoin by Figure Markets, which Figure says is the first yield-bearing stablecoin registered as a security with the SEC

Olga Kharif / Bloomberg: The US SEC approves a yield-bearing stablecoin by Figure Markets, which Figure says is the first yield-bearing stablecoin registered as a security with the SEC — - YLDs stablecoin from Figure Markets receives SEC registration — Assets that earn a return are usually consider a security

4 hours ago·California, United States

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Deythere

SEC Approves First Yield-Bearing Stablecoin Under Securities Rules

According to recent developments, the Securities and Exchange Commission (SEC) has approved the first yield-bearing stablecoin security, marking a major shift in the crypto market. This decision allows Figure Certificate Co. to issue YLDs, a stablecoin that generates yield for investors. The move introduces a new financial instrument that combines price stability with investment returns. Stablecoin Market Shifts Under SEC Oversight The SEC has …

20 hours ago

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Markets Media

First SEC Registered Yield-Bearing Stablecoin Launches - Markets Media

Figure Markets, a leader in decentralized finance, has launched the first interest-bearing stablecoin native to a public blockchain, registered with the Securities and Exchange Commission. YLDS, a public security offered through Figure Markets’s wholly owned subsidiary, Figure Certificate Company, is a fixed price, daily accrual public security native to the Provenance Blockchain. YLDS can be transferred peer-to-peer and is backed by the same se…

23 hours ago

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