{"id":908895,"date":"2025-11-12T11:28:52","date_gmt":"2025-11-12T16:28:52","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/figure-brings-ylds-to-solana-unlocking-real-rwa-utility-for-defi\/"},"modified":"2025-11-12T11:28:52","modified_gmt":"2025-11-12T16:28:52","slug":"figure-brings-ylds-to-solana-unlocking-real-rwa-utility-for-defi","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/figure-brings-ylds-to-solana-unlocking-real-rwa-utility-for-defi\/","title":{"rendered":"Figure brings $YLDS to Solana, unlocking real RWA utility for DeFi"},"content":{"rendered":"

\n$YLDS will deliver fiat on\/off ramp capabilities and a yielding stablecoin to the Solana ecosystem and sets the stage for Solana-native Figure RWA applications
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NEW YORK, Nov. 12, 2025 (GLOBE NEWSWIRE) — Figure Technology Solutions, Inc.<\/u><\/a> (Nasdaq: FIGR) today announced that its subsidiary, Figure Certificate Company (FCC), intends to begin minting $YLDS, a registered public debt security, natively on Solana. $YLDS is a security-version of stablecoin, designed to maintain a fixed dollar price and provide a continuous yield backed by U.S. Treasuries and Treasury repo agreements. Exponent Finance<\/u><\/a>, a decentralized finance yield exchange platform on Solana, intends to be the first user of $YLDS.<\/p>\n

The move marks the beginning of a broader, long-term ambition between Figure and Provenance Blockchain to build on Solana. As part of its efforts to promote real-world asset applications in DeFi, Figure intends to work with Provenance Blockchain to allow Solana users to access yield from a variety of Figure assets, including loans. Over the coming weeks, Figure expects to expand this collaboration with additional Solana-native integrations and initiatives that further demonstrate its leadership in bringing compliant, decentralized finance to scale.<\/p>\n

\u201cWe are thrilled to partner with Exponent Finance as a first mover in bringing $YLDS to the Solana ecosystem,\u201d said Mike Cagney, Figure\u2019s co-founder and executive chairman. \u201cWe see this as a way to future-proof fiat rails onto Solana while bringing an SEC-registered yielding stablecoin to the ecosystem.\u201d<\/p>\n

Builders on Solana will be able to access $YLDS for payment, cross border remit, yield and settlement applications, including directly settling SOL trades with $YLDS. In the spirit of the partnership, Figure has begun accepting SOL as collateral for crypto backed loans with the intent to expand this to locked SOL and adopt Figure\u2019s liquidation protection option for SOL-backed loans.<\/p>\n

\u201cReal-world assets (RWAs) on Solana are quickly approaching $1B, as everything from traditional assets to real estate and more are tokenized on onchain,” said Lily Liu, President, Solana Foundation. “Figure\u2019s integration builds on that momentum and demonstrates how regulated, yield-generating assets can enhance utility across the Solana ecosystem.\u201d<\/p>\n

$YLDS Delivers Three Key Advantages to the Solana Ecosystem:<\/p>\n