Figure's YLDS sidesteps stablecoin yield ban by registering as SEC security paying ~3.85% APY
Crowdfundinsider โข
Revision history
4 recorded changes
Want your article here?
Promote with Leviathan News3.85% APY looks good for a SEC security version of stablecoin. Interesting it runs on Solana for now. Maybe in the future, it will develop a closed-loop OS ?
Top comment by @JLJohn
More coverage
- YLDS on Stellar: Figure's Yield-Bearing Stablecoin Explained (eco.com)
- Effects of Stablecoin Yield Prohibition on Bank Lending (whitehouse.gov)
- Figure launches SEC regulated, yield bearing 'stablecoin' (ledgerinsights.com)
Explore the topic
More on SEC
New SEC transfer-agent rules could clear a major hurdle for tokenized assets by reducing duplicate records, reconciliation costs and legal uncertainty for issuers
Coindesk ยท
Citadel urges SEC to oversee event contracts tied to public companies, warning venues could exploit CFTC self-certification to bypass SEC jurisdiction
The Block ยท
Coinbase seeks SEC approval to list 24/7 equity perpetuals in the U.S., with CFTC sign-off also required to launch regulated stock-based derivatives
The Block ยท
Ondo files comment letters with SEC and CFTC urging rules to reflect modern crypto markets
๐/@Ondo ยท
Thailand's SEC finalizes crypto travel rule, requiring self-custodial wallet checks by 2027
CoinTelegraph ยท
SEC announces Sept. 17 roundtable on 24-hour trading, bringing Robinhood, NYSE, BlackRock, Nasdaq, DTCC and major market firms together to assess readiness
๐/@SECGov ยท
New SEC transfer-agent rules could clear a major hurdle for tokenized assets by reducing duplicate records, reconciliation costs and legal uncertainty for issuers
Coindesk ยท
Citadel urges SEC to oversee event contracts tied to public companies, warning venues could exploit CFTC self-certification to bypass SEC jurisdiction
The Block ยท
Coinbase seeks SEC approval to list 24/7 equity perpetuals in the U.S., with CFTC sign-off also required to launch regulated stock-based derivatives
The Block ยท
Ondo files comment letters with SEC and CFTC urging rules to reflect modern crypto markets
๐/@Ondo ยท
Thailand's SEC finalizes crypto travel rule, requiring self-custodial wallet checks by 2027
CoinTelegraph ยท
SEC announces Sept. 17 roundtable on 24-hour trading, bringing Robinhood, NYSE, BlackRock, Nasdaq, DTCC and major market firms together to assess readiness
๐/@SECGov ยท