Yield App raised $4 M in a new round of funding on 2020-12-09.

The U.S. Securities and Exchange Commission has approved the interest-bearing stablecoin YLDS launched by Figure Markets, marking a transformation in the stablecoin market. This new type of stablecoin allows holders to directly enjoy returns, promoting the "democratization of yields" in financial products. The legitimacy and compliance design of YLDS serve as a model for other interest-bearing stablecoins, and it is expected to attract more institutional funds in the future and accelerate the institutionalization and dollarization process of the crypto market.

The approval of the interest-bearing stablecoin YLDS launched by Figure Markets by the US SEC marks a transformation of stablecoins from payment tools to yield-bearing assets, opening up new space for the market. YLDS will tokenize asset income rights, enhancing its appeal and signaling an acceleration in the institutionalization process of the crypto market. This move not only reflects recognition of financial innovation but may also reshape the stablecoin market and promote financial democratization.

The SEC has approved the interest-bearing stablecoin YLDS launched by Figure Markets, marking a transformation of stablecoins into compliant yield assets. This will attract institutional investment, drive the institutionalization of the crypto market, and promote the dominant position of the dollar in digital assets. The success of YLDS may redefine the stablecoin market and advance the process of financial democratization.

The U.S. SEC has approved the interest-bearing stablecoin YLDS launched by Figure Markets, marking the transition of stablecoins from payment tools to compliant yield-bearing assets. This new type of stablecoin allows holders to enjoy yields through tokenization of income rights, lowering the entry barrier, and is expected to capture 10-15% of the stablecoin market in the next 3-5 years, enhancing the dominance of the U.S. dollar in the crypto market.

The US SEC has approved the interest-bearing stablecoin YLDS launched by Figure Markets, marking a transformation in the stablecoin market and signaling its shift from a payment tool to a compliance yield asset. YLDS enables holders to enjoy stable returns through the tokenization of income rights, is expected to attract institutional funds, promote the rapid rise of interest-bearing stablecoins, and consolidate the dollar's dominant position in the crypto market.