A naukri.com initiative
TronWeekly
1d
323
Image Credit: TronWeekly
SEC Approves First-Ever Stablecoin with Daily Payouts – Big News
- The SEC has approved Figure's YLDS stablecoin, offering a 0.5% annual yield.
- YLDS is registered as a security, placing it in the same category as stocks and bonds.
- KYC verification is required for holders to receive daily interest payouts.
- Figure's YLDS stablecoin aims to provide a compliant means for users to gain passive income, with SEC regulation backing it.
Read Full Article
19 Likes
For uninterrupted reading, download the app