Figure Markets "has launched the first interest-bearing stablecoin native to a public blockchain, registered with the Securities and Exchange Commission."
The stablecoin will pay SOFR minus 50 bps.
https://www.prnewswire.com/news-releases/figure-markets-launched-industry-first-yield-bearing-stablecoin-as-an-sec-registered-public-security-302381466.html
The stablecoin will pay SOFR minus 50 bps.
https://www.prnewswire.com/news-releases/figure-markets-launched-industry-first-yield-bearing-stablecoin-as-an-sec-registered-public-security-302381466.html
Comments
Very bizarre thing for a stablecoin to be saying.