Figure Certificate Company announced on Oct. 14 it is deploying its SEC-registered security token YLDS on the Sui
SUI
$2.83
24h volatility:
1.2%
Market cap:
$10.33 B
Vol. 24h:
$2.38 B
blockchain. The token provides regulated yield and direct USD on- and off-ramps without traditional crypto exchanges.
YLDS yields SOFR minus 35 basis points and is backed by short-term treasury securities, according to the Sui Foundation.
Figure Certificate Company is registered with the SEC as a face-amount certificate company under the Investment Company Act of 1940. This distinguishes YLDS from unregulated stablecoins.
YLDS, Figure’s SEC-registered, yield-bearing stablecoin, will be issued natively on Sui.
This partnership brings
We współpracy z: https://www.coinspeaker.com/figure-deploys-sec-registered-ylds-token-on-sui-blockchain-for-yield-access/
