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

SOL

SOL/USDT

$82.21

+0.91%

$82.21

+0.91%

(24s)

24h Volume

$4,203,361,175.30

24h H/L

$82.37 / $77.12

Change: $5.25 (6.81%)

Long/Short

77.7%

Long: 77.7%Short: 22.3%

Funding Rate

-0.0056%

Shorts pay

Data provided by COINOTAG DATALive data

Solana

Daily

$81.23

▼ -0.75%

Volume (24h): -

Resistance Levels

Resistance 3$92.10

Resistance 2$87.5323

Resistance 1$83.3718

Price$81.23

Support 1$78.2467

Support 2$74.9561

Support 3$67.50

Pivot (PP):$80.2067

Trend:Downtrend

RSI (14):39.8

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.