Figure launches YLDS, a regulated yield-bearing stablecoin on Stellar, offering fintechs and neobanks in LATAM a compliant dollar savings product that earns yield similar to money market funds.
Figure Technology Solutions has launched YLDS on the Stellar network, marking the first regulated yield-bearing dollar stablecoin product available on Stellar. YLDS is SEC-registered and issued by Figure Certificate Company, combining stablecoin liquidity with money market-like yield for regulated entities. The product targets fintechs and neobanks across LATAM and beyond, addressing currency devaluation concerns in markets like Argentina and Brazil where dollar savings are critical. Stellar processed $55.6B in stablecoin volume in 2025 and hosts over $2B in tokenized real-world assets. The launch builds on existing onchain savings behavior, with $340-400M in stablecoins already held in neobank savings accounts on Stellar.
