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

SOL

SOL/USDT

$73.95

+9.73%

$73.95

+9.73%

(24s)

24h Volume

$2,862,187,838.77

24h H/L

$74.23 / $67.19

Change: $7.04 (10.48%)

Long/Short

75.3%

Long: 75.3%Short: 24.7%

Funding Rate

-0.0028%

Shorts pay

Data provided by COINOTAG DATALive data

Solana

Daily

$73.87

▲ 3.62%

Volume (24h): -

Resistance Levels

Resistance 3$84.2416

Resistance 2$79.27

Resistance 1$74.753

Price$73.87

Support 1$71.08

Support 2$68.0675

Support 3$64.431

Pivot (PP):$72.92

Trend:Downtrend

RSI (14):49.5

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.