Figure's YLDS Accepted as Collateral on EDX
Figure's (Nasdaq: FIGR) YLDS, a digital asset that is a security, is now accepted as collateral on EDX Markets, an institutional crypto trading platform. YLDS, a…
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Читать документацию APIYLDS is a US dollar-pegged stablecoin issued by Figure Certificate Corp, a subsidiary of Figure Markets Holdings, Inc., and registered as a security under US law. It is designed for users who want a digital dollar that automatically accrues interest, can be freely transferred, and sits within a clear regulatory framework. The project addresses a gap it identified in financial services: the absence of a fully transferable, interest-bearing digital dollar with established legal standing.
Each YLDS token is structured as a transferable digital certificate, backed by investments similar to those held in a prime money market fund, meaning the underlying collateral is short-duration, high-quality instruments rather than a single fiat deposit. The token exists within the Provenance blockchain ecosystem and is classified as a real-world asset, linking on-chain ownership records to off-chain financial instruments. Because no consensus algorithm or block time is recorded for this asset in the available data, the precise settlement mechanics cannot be described further.
The data stored for YLDS does not include a protocol fee stream, so there are no fee-based measures such as revenue or fee yield available on this site for this asset. The economic return to holders is described as interest accrual built into the token itself, analogous to yield generated by the underlying money-market-style investments, rather than fees paid by traders or borrowers to a protocol. The circulating stablecoin supply stands at 673,743,130.51 tokens on a point-in-time basis, and that supply grew by approximately 10.55 percent over the last 30 days, reflecting the pace at which new certificates are being issued.
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Figure's (Nasdaq: FIGR) YLDS, a digital asset that is a security, is now accepted as collateral on EDX Markets, an institutional crypto trading platform. YLDS, a…