DescriptionYLDS is a fixed price, daily accrual public debt security native to blockchain. It is the first interest-bearing transferable stablecoin native to a public blockchain, registered with the Securities and Exchange Commission. YLDS can be transferred peer-to-peer and is backed by the same securities that prime money market funds hold.
Category:fiat-backed
Minting and RedemptionMinted when users purchase YLDS on figuremarkets.com and can be redeemed 1:1 for USD/USDC 24/7.