Imagine a special kind of digital money called a stablecoin. It's like a dollar, but it lives online! A new stablecoin called YLDS just launched. It's different because it earns you interest – like a savings account, but on the blockchain.
- YLDS is the first stablecoin approved by the US government.
- It earns interest daily, paid monthly in dollars or more YLDS.
- It's used for online payments and sending money across countries.
- It's built on something called a Provenance Blockchain.
| Fact | Number |
|---|---|
| Total value of stablecoins | $200 billion |
| Annual interest rate (approximately) | SOFR - 0.5% |
| Transactions processed by Figure Technologies | $41 billion |
This new stablecoin could change how we use digital money online. It might make online payments faster and easier!
