Figure plans to introduce the securitized stablecoin YLDS into Solana.

Figure Technology subsidiary Figure Certificate Company (FCC) plans to natively mint YLDS—a registered publicly traded debt security—on the Solana blockchain. YLDS is a securitized stablecoin designed to maintain a fixed price in the US dollar and provide continuous yields through US Treasury bonds and Treasury repurchase agreements. Exponent Finance, a decentralized finance yield exchange platform on Solana, plans to be the first user of YLDS.