<ul><li>Figure Markets brings the first SEC-approved yield-bearing stablecoin to Solana in the form of YLDS.</li><li>YLDS will use the Secured Overnight Financing Rate minus 0.5% to determine its APR.</li><li>Investors can redeem their YLDS in-kind or for USD 24/7, demonstrating the power of the blockchain for yield-bearing assets.</li><li>The new product adds another high-profile tokenised fund to an industry demonstrating strong potential.</li></ul>

Figure Markets’ Yield-Bearing Stablecoin on Solana Scores SEC Approval

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