YLDS

Este projeto consegue continuar operando e se financiando por anos?

YLDS is issued by Figure Certificate Company as an SEC-registered face-amount certificate backed 100% by short-term US Treasuries and overnight repurchase agreements. As of October 19, 2026, 506.9 million YLDS circulate near a $0.9993 peg.12

Pessoas de fora conseguem ver e verificar o que a equipe e o protocolo fazem?

SEC registration under the Investment Company Act of 1940 requires audited financial disclosures, statutory reserve reporting, and verified holder registries on Provenance and Solana.234

O protocolo gera taxas reais ou receita com o uso?

Não aplicável. Peso 0,08 no perfil ativo estável, portanto não aumenta nem diminui a pontuação.

A tecnologia está sendo desenvolvida e lançada, e ela realmente importa?

YLDS combines an SEC-registered debt certificate wrapper with daily accruing SOFR-minus-35-bps yield and peer-to-peer transferability across Provenance, Solana, and Stellar.56

Quem usa, desenvolve e detém a moeda, e quão durável é essa base?

Institutional adoption includes a $25 million strategic allocation from Ondo Finance for OUSG backing, May 2026 Stellar expansion, and June 2026 qualified custody support from BitGo Bank and Trust.78

O fornecimento, a emissão e os desbloqueios protegem os detentores contra a diluição?

Direct 1:1 par issuance and redemption against USD and Treasury reserves keeps circulating and total supply matched at 506.9 million YLDS with zero unlock dilution.91

1. 1ylds.com/institutions/Citado por Sustentabilidade, Tokenomics
2. 2sec.gov/files/ctf-input-figure-markets-040825.pdfCitado por Sustentabilidade, Transparência
3. 3explorer.provenance.io/asset/uylds.fccCitado por Transparência
4. 4solscan.io/token/3fqSn27PpnDYrz5FvqDqfQuwQBMvLcB8Cx9ETd4iEy4hCitado por Transparência
5. 5figuremarkets.com/c/yldsCitado por Inovação
6. 6stellar.org/press/figure-announces-launch-of-ylds-on-stellar-networkCitado por Inovação
7. 7ondo.finance/blog/ondo-ylds-25m-investmentCitado por Comunidade
8. 8investors.bitgo.com/news/news-details/2026/BitGo-Adds-Qualified-Custody-Support-for-YLDS-an-SEC-Registered-Yield-Bearing-Security-Issued-by-Figure-Certificate-Company/default.aspxCitado por Comunidade
9. 9coingecko.com/en/coins/yldsCitado por Tokenomics

• SEC registration under the Investment Company Act of 1940 provides a regulated securities wrapper for on-chain dollar yield
• Full backing by short-term US Treasuries and overnight repo supports a tight $0.9993 peg across 506.9 million circulating tokens
• Daily yield accrual at SOFR minus 35 basis points passes money-market rates directly to verified certificate holders
• June 2026 integration with BitGo Bank and Trust enables OCC-regulated qualified custody for institutional treasury allocators
• May 2026 Stellar network deployment joins Provenance and Solana to serve cross-border fintech and neobank savings workflows
• Ondo Finance $25 million strategic investment for OUSG reserves validates institutional demand from tokenized fund managers

• Figure Certificate Company relies on securities-law exemption claims as GENIUS Act and CLARITY Act stablecoin yield rules take effect
• Mandatory KYC onboarding restricts unverified wallet transfers and limits adoption across permissionless DeFi liquidity pools
• Issuer counterparty obligations are concentrated in Figure Certificate Company despite SEC reporting and third-party custody controls
• Variable yield tied to SOFR minus 35 basis points compresses during Federal Reserve rate-cutting cycles
• With a $506.6 million market cap and $1.33 million daily volume in October 2026, secondary liquidity trails USDC, USDT, and BUIDL

With a $506.6 million market capitalization at rank #114 in October 2026, YLDS occupies a specialized regulatory niche between payment stablecoins and tokenized Treasury funds. Dominant stablecoins USDC and USDT command vastly deeper exchange liquidity but do not distribute native Treasury yield to holders.

As of October 2026, YLDS maintains a $0.9993 peg across 506.9 million circulating tokens backed by US Treasuries and overnight repo. Its SEC-registered face-amount certificate structure, SOFR-minus-35-bps daily yield, and June 2026 BitGo custody integration support an institutional compliance profile.