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

SOL

SOL/USDT

$123.51

+4.52%

$123.51

+4.52%

(24s)

24h Volume

$4,421,258,998.42

24h H/L

$125.60 / $117.53

Change: $8.07 (6.87%)

Long/Short

80.8%

Long: 80.8%Short: 19.2%

Funding Rate

+0.0014%

Longs pay

Data provided by COINOTAG DATALive data

Solana

Daily

$123.51

▲ 3.92%

Volume (24h): -

Resistance Levels

Resistance 3$150.6298

Resistance 2$132.9262

Resistance 1$126.9633

Price$123.51

Support 1$119.4918

Support 2$115.4767

Support 3$92.8216

Pivot (PP):$122.5467

Trend:Downtrend

RSI (14):39.9

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.