Assets · Debt security · issued by Figure
YLDS (YLDS)New
Yield-bearing dollar token issued by Figure Certificate Company as an SEC-registered face-amount certificate (an unsecured debt security backed by the company's assets, mainly Treasuries and Treasury repo). Holds a $1 price and pays SOFR minus 0.50% at launch, accrued daily. Native to Provenance, later Stellar.
- Value per token
- $1
Issued through Figure YLDS yield-bearing dollar token Live (limited)
Classification · medium confidence
- Legal form
- Debt security from issuance terms
- Underlying
- Government debt · Government debt, Money
- Value behaviour
- Stable value · pays income
- Ledger role
- Native
- Legal labels
- face-amount certificate (Investment Company Act 1940) (United States)[1]
Backed by the issuer's assets, mainly Treasuries and Treasury repo (cash residual exception; no weights). The face-amount certificate prospectus itself was not checked, so confidence is medium.
Sourced[1]. How assets are classified: methodology.
Wrapped by wYLDS (not counted separately).
Contracts
No contract addresses recorded yet.
Settles in YLDS
- Figure Democratized Prime lending marketplaceLive (limited)[3]Lenders lend YLDS; interest is paid in additional YLDS.
Holds as reserve YLDS
- Hastra PRIME (staked wYLDS)Live (limited)[4]Reserves behind wYLDS are YLDS, held directly or lent into Democratized Prime.
Sources
- [1]First SEC Registered Yield-Bearing Stablecoin Launches — Markets Media, 21 Feb 2025. Accessed 15 Oct 2026.C
- [2]UPDATE -- Figure brings $YLDS to Solana, unlocking real RWA utility for DeFi — Figure (GlobeNewswire via MarketScreener), 10 Dec 2025. Accessed 15 Oct 2026.B
- [3]Form 10-Q for the quarterly period ended June 30, 2026 — Figure Technology Solutions, Inc. (SEC filing), 14 Aug 2026. Accessed 15 Oct 2026.A
- [4]What is wYLDS? — Hastra. Accessed 15 Oct 2026.B