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The U.S. SEC has approved the interest-bearing stablecoin YLDS launched by Figure Markets, marking the transition of stablecoins from payment tools to yield-bearing assets. This is expected to attract institutional investment and accelerate the institutionalization and dollarization process of the crypto market. This innovation could reshape the stablecoin market and enhance its position within the crypto ecosystem.

The SEC has approved Figure Markets' interest-bearing stablecoin YLDS, marking the transition of stablecoins to compliant yield-bearing assets and promoting the institutionalization of the crypto market. YLDS distributes yields through smart contracts, providing a compliance model for similar future projects, and it is expected that more interest-bearing stablecoins will emerge in the next 1-2 years, supporting the dominance of the US dollar in the crypto world.

The U.S. Securities and Exchange Commission has approved the interest-bearing stablecoin YLDS launched by Figure Markets, marking a transformation in the stablecoin market. This new type of stablecoin allows holders to directly enjoy returns, promoting the "democratization of yields" in financial products. The legitimacy and compliance design of YLDS serve as a model for other interest-bearing stablecoins, and it is expected to attract more institutional funds in the future and accelerate the institutionalization and dollarization process of the crypto market.

The approval of the interest-bearing stablecoin YLDS launched by Figure Markets by the US SEC marks a transformation of stablecoins from payment tools to yield-bearing assets, opening up new space for the market. YLDS will tokenize asset income rights, enhancing its appeal and signaling an acceleration in the institutionalization process of the crypto market. This move not only reflects recognition of financial innovation but may also reshape the stablecoin market and promote financial democratization.

The SEC has approved the interest-bearing stablecoin YLDS launched by Figure Markets, marking a transformation of stablecoins into compliant yield assets. This will attract institutional investment, drive the institutionalization of the crypto market, and promote the dominant position of the dollar in digital assets. The success of YLDS may redefine the stablecoin market and advance the process of financial democratization.