YLDS (YLDS) stablecoin analytics
YLDS is Figure's SEC-registered face-amount certificate paying SOFR-minus-50bps daily interest, backed by short-term Treasuries and overnight repos at UMB Bank.
Static Profile
Static stablecoin profile
YLDS (YLDS) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg US Dollar.
AI summary / Updated May 15, 2026
The only stablecoin registered under the 1933 and 1940 Acts — SOFR-minus-50bps via a face-amount certificate, with full KYC and zero DeFi composability as the price of legitimacy. YLDS is that rarest of crypto products: a yield-bearing stablecoin registered under the Securities...
AI summary · drafted by claude-opus-4-7 · reviewed by @TokenBrice on May 15, 2026 · facts as of May 15, 2026
- Collateral
- Short-dated U.S. Treasury securities and overnight Treasury repo agreements held by Figure Certificate Company (FCC), an SEC-registered face-amount certificate company; custodians UMB Bank NA and Flagstar Bank NA, audited by KPMG LLP; reserves maintained at 100% with 0.5% excess buffer
- Peg Mechanism
- Fixed $1.00 face-amount certificate; daily interest accrual at SOFR minus 50bps (minimum 0%), paid monthly in USD or YLDS; 1:1 mint and redemption through Figure Certificate Company with mandatory KYC; registered under the Securities Act of 1933 and Investment Company Act of 1940
- Jurisdiction
- United States / SEC / SEC-Registered Security
- Proof Of Reserves
- Independent Audit by KPMG LLP Reserve source
- Contracts
- 2 deployments tracked across Solana and Provenance.
Snippet Answer
Is YLDS safe?
Pharos does not mark YLDS as absolutely safe. Static metadata says YLDS uses a Centralized (CeFi) governance model and Real-World Asset Backed backing, with Independent Audit from KPMG LLP; the main caveat is that issuer or admin freeze controls are recorded. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
Next Actions
Exact bot target: /subscribe dews,depeg,safety ylds-figure
Source: checked-in StablecoinMeta profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier below; the summary above was last updated May 15, 2026.
YLDS quick answers
What is YLDS (YLDS)?
YLDS is Figure's SEC-registered face-amount certificate paying SOFR-minus-50bps daily interest, backed by short-term Treasuries and overnight repos at UMB Bank. The static profile records its US Dollar peg mechanism as: Fixed $1.00 face-amount certificate; daily interest accrual at SOFR minus 50bps (minimum 0%), paid monthly in USD or YLDS; 1:1 mint and redemption through Figure Certificate Company with mandatory KYC; registered under the Securities Act...
What backs YLDS?
Pharos classifies YLDS backing as Real-World Asset Backed. Collateral, per the static profile: Short-dated U.S. Treasury securities and overnight Treasury repo agreements held by Figure Certificate Company (FCC), an SEC-registered face-amount certificate company; custodians UMB Bank NA and Flagstar Bank NA, audited by KPMG LLP... Reserve evidence: Independent Audit from KPMG LLP.
Can YLDS be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, issuer or admin freeze controls are recorded. Live freeze and blacklist events for YLDS, when applicable, appear in the dossier below.