Figure: Securitized stablecoin YLDS circulating supply increased to $588 million, a 56% increase compared to the previous period

Odaily Planet Daily reports that Nasdaq-listed blockchain capital market company Figure Technology Solutions has released its latest business operations report. The report reveals that the circulating supply of its securitized stablecoin YLDS has increased to $588 million, a 56% month-over-month growth. YLDS aims to maintain a fixed dollar price and generate ongoing income through U.S. Treasury bonds and repurchase agreements. Additionally, the transaction volume in the consumer loan market in February reached $896 million, a 10% month-over-month increase. (Globenewswire)

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