Imagine a special kind of digital money called a stablecoin. It's like a digital dollar, but this one, called YLDS, earns you interest! It's the first one officially approved by the U.S. government. YLDS is different because it gives you a little extra money each month for simply holding it.
- YLDS is a stablecoin that pays interest.
- It's backed by safe investments, similar to what banks use.
- You can easily swap it for regular dollars or other digital money.
- It's built on a special system called a blockchain.
Fact | Number |
---|---|
Total value of all stablecoins | $200 billion |
Annual interest rate (approx.) | Secured Overnight Financing Rate - 0.5% |
Transactions processed by Figure Markets | Over $41 billion |