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

SOL

SOL/USDT

$88.53

+2.64%

$88.53

+2.64%

(24s)

24h Volume

$3,875,175,794.90

24h H/L

$89.20 / $86.02

Change: $3.18 (3.70%)

Long/Short

76.5%

Long: 76.5%Short: 23.5%

Funding Rate

-0.0160%

Shorts pay

Data provided by COINOTAG DATALive data

Solana

Daily

$88.49

▲ 1.03%

Volume (24h): -

Resistance Levels

Resistance 3$113.8728

Resistance 2$100.5725

Resistance 1$93.5288

Price$88.49

Support 1$87.525

Support 2$81.3658

Support 3$67.50

Pivot (PP):$87.9733

Trend:Downtrend

RSI (14):30.8

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.