YLDS, a yield-bearing digital dollar from Figure, is now live on Copper's institutional custody platform. The SEC-registered token settles in under 5 seconds and earns SOFR-based yields, providing institutions with regulated access to blockchain-native yield products.
YLDS is a blockchain-native face-amount certificate registered under the Investment Company Act of 1940, designed to combine yield generation with the speed and efficiency of stablecoins. Deployed on both Provenance and Stellar, each YLDS token is pegged to USD and accrues SOFR minus 0.35%, paid monthly in either USD or YLDS. The platform enables fast settlement—approximately 5 seconds—at sub-cent fees. Copper, a major institutional custody and collateral management platform, now provides custodial support for YLDS. The integration addresses institutional demand for regulated, yield-bearing digital assets that sidestep stablecoin classification restrictions under regulations like the GENIUS Act. For treasury and compliance teams, YLDS offers a registered security structure with competitive yields, making it suitable for capital efficiency and collateral management.
