Big news in the world of cryptocurrency! The US government just gave a company called Figure Markets permission to create a special kind of cryptocurrency called a stablecoin. It's like a digital dollar that earns you a little extra money just for holding it. This is a big deal because it shows the government is starting to understand and regulate cryptocurrencies better.
- Figure Markets' stablecoin, called YLDS, earns you 0.5% interest.
- It's like having a digital savings account that's always available.
- The government is working on rules for cryptocurrencies to keep things safe and fair.
| Fact | Detail |
|---|---|
| Interest Rate | 0.5% |
| Stablecoin Name | YLDS |
| Company | Figure Markets |
