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Figure: The circulating supply of the securitized stablecoin YLDS has increased to $588 million, a 56% increase from the previous month.
Svmuu News Nasdaq Figure Technology Solutions, a publicly traded blockchain capital markets company, has released its latest operational report, which reveals that the circulating supply of its securitized stablecoin, YLDS, has increased to $588 million, a 56% month-over-month increase.YLDS is designed to maintain a fixed price pegged to the U.S. dollar and provide ongoing yields through U.S. Treasury bonds and Treasury repurchase agreements. Additionally, the consumer loan market recorded $896 million in trading volume in February, a 10% increase from the previous month. (Globenewswire)
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