YLDS

YLDS (YLDS) is a USD-pegged stablecoin from Figure Markets, issued through its Figure Certificate Corp subsidiary and structured so the token itself accrues interest to holders. Each unit is a transferable digital certificate backed by investments resembling those of a prime money market fund, and its defining feature is legal form: it is offered with the regulatory clarity of a registered security rather than as an unregistered reserve token.

Why registered-security status is the whole thesis

That registration is the whole thesis. Where most dollar tokens pass reserve yield to the issuer, YLDS is built to pay holders natively while operating inside a recognized securities framework, which could appeal to institutions wary of the ambiguous status of conventional stablecoins. The trade-off is that security status brings transfer, eligibility, and compliance constraints that limit the frictionless composability DeFi expects, the structure is new and unproven at scale, and holders take on the credit and counterparty exposure of Figure and the underlying money-market-style portfolio.

Who YLDS is built for

YLDS fits users who want a compliant, interest-bearing dollar and will accept regulatory guardrails on how freely it moves. Informational, not a recommendation.

1. 1. Choose an exchange. Pick a reputable exchange that lists YLDS — among the venues we rate highest are Binance, OKX and Kraken.
2. 2. Create & verify your account. Register, enable two-factor authentication, and complete identity verification (KYC).
3. 3. Deposit funds. Add money by bank transfer, card, or a stablecoin, depending on what the exchange supports in your region.
4. 4. Buy YLDS. Search for YLDS, choose a market or limit order, enter your amount, and confirm.
5. 5. Secure your coins. For long-term holdings, withdraw YLDS to a self-custody wallet you control rather than leaving it on the exchange.

Compare venues in our independent exchange ratings. This is not financial advice.