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

SOL

SOL/USDT

$86.81

-3.43%

$86.81

-3.43%

(24s)

24h Volume

$2,412,890,321.09

24h H/L

$90.29 / $86.26

Change: $4.03 (4.67%)

Long/Short

71.4%

Long: 71.4%Short: 28.6%

Funding Rate

-0.0048%

Shorts pay

Data provided by COINOTAG DATALive data

Solana

Daily

$86.81

▼ -0.85%

Volume (24h): -

Resistance Levels

Resistance 3$93.3014

Resistance 2$90.3633

Resistance 1$87.4608

Price$86.81

Support 1$86.7382

Support 2$83.22

Support 3$80.26

Pivot (PP):$87.4233

Trend:Uptrend

RSI (14):46.5

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.