Figure Certificate Company to Launch YLDS Public Debt Security on Solana

YLDS will maintain a fixed USD price and generate returns through U.S. Treasuries and repurchase agreements, with Exponent Finance as its first user.

SOL

90d ago

Summary

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Terms & Concepts

Solana: A high-performance blockchain platform known for fast transactions and low fees.
U.S. Treasuries: Government debt securities issued by the U.S. Department of the Treasury to fund federal operations.
Repo Agreements: Short-term borrowing arrangements where securities are sold with an agreement to repurchase them at a later date.