YLDS is issued by Figure Certificate Company as a registered face-amount certificate security. Figure describes YLDS as a fixed-income security rather than a stablecoin, with a face-value design under which 100 certificates represent $1 at issuance, transfer, and redemption.
| Symbol | YLDS |
| Peg | USD |
| Backing | Rwa backed |
| Status | Active |
| Launched | 2025 |
| Networks | L1 non EVM Provenance, Solana, Stellar |
| Specifications | Backing Capital and reserves held by Figure Certificate Company with a custodian to support certificate obligations; U.S. Treasury securities and Treasury repurchase agreements referenced for YLDS reserve backing Auditor KPMG LLP Reserve reporting Annual audit Redemption The YLDS prospectus states that certificates may be surrendered at any time at face amount plus accrued and unpaid interest, less any applicable fees. The YLDS site states that all holders must complete KYC and that 100 certificates represent $1 at issuance, transfer, and redemption. Minimum redemption $0 KYC required Yes |
| Use cases | Corporate treasury, Payments, Settlement |
| Mint and redeem | YLDS represents Figure Transferable Certificates issued directly by Figure Certificate Company (FCC), an SEC-registered face-amount certificate company. An investor must establish an FCC-approved wallet/account and pass FCC's AML/KYC process before purchasing or receiving YLDS, including through peer-to-peer or ATS transfers. Certificates can be purchased directly from FCC through the YLDS online portal using ACH or wire, or through an account at Figure Payments Corporation. FCC's current April 24, 2026 prospectus states that there is no minimum initial purchase amount. A holder may surrender the certificates to FCC at any time for face amount plus accrued interest, less applicable expenses or fees; there is no minimum surrender amount and no surrender charge, although ACH transaction costs may be deducted when applicable. Surrender proceeds can be paid in U.S. dollars by ACH or wire or through the holder's Figure Payments Corporation stored-value account. This is direct issuer redemption following AML/KYC, rather than secondary-market-only liquidity. |
| Regulatory status | Jurisdiction United States · License type Investment Company Act of 1940 · Status Licensed · Issued 2025Jurisdiction United States · License type Registered fixed-income security disclosure · Status Licensed · Issued 2026 |
| Chain | Supply |
|---|---|
| Provenance | $462M |
| Stellar | $25M |
| Chain | Address |
|---|---|
| Provenance | uylds.fcc |
YLDS is issued by Figure Certificate Company as a registered face-amount certificate security. Figure describes YLDS as a fixed-income security rather than a stablecoin, with a face-value design under which 100 certificates represent $1 at issuance, transfer, and redemption.
Capital and reserves held by Figure Certificate Company with a custodian to support certificate obligations; U.S. Treasury securities and Treasury repurchase agreements referenced for YLDS reserve backing.
Available on Provenance, Solana, Stellar.
YLDS is issued by Figure Certificate Company as a registered face-amount certificate security. Figure describes YLDS as a fixed-income security rather than a stablecoin, with a face-value design under which 100 certificates represent $1 at issuance, transfer, and redemption.
Capital and reserves held by Figure Certificate Company with a custodian to support certificate obligations; U.S. Treasury securities and Treasury repurchase agreements referenced for YLDS reserve backing
YLDS is recorded on 3 networks, including Provenance, Solana, Stellar.
YLDS has a market capitalization of $487M as of 11 October 2026.