Imagine a special kind of cryptocurrency that always keeps its value the same, like a dollar bill. Figure Markets just created one called YLDS! It's registered with the US government, making it extra safe. This is a big deal because it mixes regular money rules with the exciting world of blockchain.
- YLDS gives you interest every day!
- It's like having a digital savings account.
- You can easily swap it for regular money.
- It's built on a special blockchain called Provenance.
Fact | Details |
---|---|
Stablecoin Value | Always stays the same |
Interest Rate | Similar to SOFR, minus 0.5% |
Market Cap of Stablecoins | Over $230 billion |