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Figure: The circulating supply of the securitized stablecoin YLDS increased to $588 million, a month-on-month growth of 56%
The Nasdaq-listed blockchain capital market company Figure Technology Solutions announced its latest business operations report, which disclosed that the circulating supply of its securitized stablecoin YLDS has increased to $588 million, a 56% increase compared to the previous period. YLDS aims to maintain a fixed dollar price and provide continuous returns through U.S. Treasury securities and repurchase agreements. In addition, the consumer loan market transaction volume in February reached $896 million, a 10% increase compared to the previous period.
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