SEC approves 1st interest-bearing stablecoin, YLDS

Figure gains SEC approval for first interest-bearing stablecoin launch
It’s the first time the regulator has approved the registration of an interest-bearing stablecoin as a public security.
Yield-Bearing Stablecoin Alternative Receives Approval From SEC
Yield-bearing stablecoins have long been on the wish list of many crypto market participants who use the tokens to facilitate billions of dollars in transactions daily.
US SEC approves the first yield-bearing stablecoin
The US SEC has approved YLDS, the first yield-bearing stablecoin. The stablecoin is officially registered as a public security.
SEC approves first yield-bearing stablecoin YLDS with 3.85% APR
The SEC's approval of YLDS marks the first yield-bearing stablecoin security, offering 3.85% APR and addressing regulatory compliance.
SEC approves first yield-bearing stablecoin security
The US Securities and Exchange Commission has approved an application from Figure Markets for a yield-bearing stablecoin that will allow users to earn interest payments on their holdings — signaling the regulator’s intent to accommodate the rapidly growing stablecoin market.
Figure Markets Launched Industry First Yield-Bearing Stablecoin as an SEC Registered Public Security
Figure Markets, a leader in decentralized finance, has launched the first interest-bearing stablecoin native to a public blockchain, registered with the Securities and Exchange Commission. YLDS, a public security offered through Figure Markets's wholly owned subsidiary,
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Stablecoin Legislation Could Unleash 1,000 Tether and USDC Rivals, Expert Says
A federal framework would embolden countless companies to dive into the stablecoin market, according to Chronicle Labs ...
GENIUS Act Vs. Waters Bill: Competing Paths For U.S. Stablecoin Regulation
Sen. Bill Hagerty and Rep. Maxine Waters have unveiled two landmark pieces of legislation that aim for stablecoin laws. Will ...
CoinDesk6h
Figure Markets Offers SEC-Registered Yield-Bearing Stablecoin as Tokenized Asset Demand Soars
The YLDS stablecoin, backed by prime money market funds, offers daily interest and 24/7 peer-to-peer transfers.
Internet of People1h
Societe Generale-FORGE to expand stablecoin to Stellar
Societe Generale-FORGE will launch its EUR CoinVertible stablecoin on the Stellar network. SG-FORGE first deployed EURCV on ...
The Likely Path Forward For Stablecoin Legislation In Congress
Congressional Republican leadership is rightly optimistic about its chances to pass crypto legislation. However, the target ...
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U.S. Stablecoin Adoption Is Being Hindered by a Lack of Regulation, S&P Says
The absence of stablecoin regulation in the U.S. is one of the main hurdles to adoption, S&P Global Ratings said in a ...
decrypt4d
Coinbase Targets USDT Stablecoin Rival Tether With an $86 Billion 'Stretch Goal' for USDC
Coinbase CEO Brian Armstrong said the firm aims to challenge Tether’s position as the reigning stablecoin issuer by making ...
businessday6h
cNGN: Nigeria’s First Regulated Stablecoin Explained
Nigeria has taken another bold step in digital finance with the introduction of cNGN, the country’s first regulated ...