Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
Solana: Interest-bearing stablecoin to be launched

Solana: Interest-bearing stablecoin to be launched

Bitget2025/02/21 15:22

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%.

News Image 0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!