YLDS to Mint on Solana as Security-Backed Stablecoin with US Treasury–Backed Yield; Exponent Finance to Be First User

SOL

SOL/USDT

$77.81

-0.38%

$77.81

-0.38%

(24s)

24h Volume

$1,462,527,527.83

24h H/L

$78.59 / $77.00

Change: $1.59 (2.06%)

Long/Short

71.8%

Long: 71.8%Short: 28.2%

Funding Rate

+0.0012%

Longs pay

Data provided by COINOTAG DATALive data

Solana

Daily

$78.00

▼ -0.17%

Volume (24h): -

Resistance Levels

Resistance 3$83.8835

Resistance 2$81.61

Resistance 1$78.35

Price$78.00

Support 1$77.40

Support 2$75.1326

Support 3$71.3057

Pivot (PP):$78.14

Trend:Sideways

RSI (14):54.6

A December 11 report from COINOTAG News, citing Business Insider, notes that Figure Technology’s subsidiary Figure Certificate Company (FCC) plans to mint YLDS natively on the Solana blockchain as a registered public debt security.

YLDS is described as a security-backed stablecoin designed to hold a fixed $1 price and deliver ongoing yield through U.S. Treasury securities and repurchase agreements. The Exponent Finance DeFi yield-exchange on Solana is positioned to be the first user of YLDS.