What is YLDS?

YLDS is a USD-pegged stablecoin launched by Figure Markets Holdings, Inc. through its subsidiary Figure Certificate Corp. The project addresses the demand for a digital asset that earns interest while maintaining full transferability and regulatory clarity as a registered security.

Each YLDS token functions as a transferable digital certificate, supported by investments akin to those found in a prime money market fund. The stablecoin aims to provide a stable and interest-accruing option within the financial services sector.