YLDS

YLDS is a US dollar-pegged digital asset issued by Figure Certificate Corp, a subsidiary of Figure Markets Holdings. According to its CoinGecko listing, each YLDS is a transferable digital certificate backed by assets similar to the holdings of prime money market funds. The product is designed to pay interest as a registered security within a regulatory framework.

What sets YLDS apart from many stablecoins is that it accrues interest to its holders and is therefore registered as a security in the United States. The token was issued on the Provenance blockchain developed by Figure; DefiLlama data show that it also circulates on the Stellar and Tempo networks, and DefiLlama classifies the asset among fiat-backed stablecoins. Its label as a smart contract platform in our catalogue is a generic placeholder.

The dollar peg and the interest yield depend on the issuer's portfolio management and regulatory obligations; this is a design goal, not an assurance. On Lzzo.com, the YLDS value is based on DefiLlama's US dollar reference and is for information only.