Figure is planning to introduce the security tokenized stablecoin YLDS on Solana.

BlockBeats News, December 11, According to a report by businessinsider, Figure Technology's subsidiary, Figure Certificate Company (FCC), plans to mint YLDS natively on the Solana blockchain—a registered public debt security.

YLDS is reported to be a security-backed stablecoin designed to maintain a fixed dollar price and provide ongoing yield through US Treasury securities and repurchase agreements. The decentralized finance yield exchange platform on Solana, Exponent Finance, intends to be the first user of YLDS.