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According to Business Insider, Figure Technology Solutions (NASDAQ: FIGR) announced that its subsidiary Figure Certificate Company (FCC) plans to launch YLDS, a registered public debt security version of "stablecoin" on Solana, aimed at maintaining a USD denomination and continuously distributing yields backed by U.S. Treasuries and repurchase agreements. The DeFi yield on Solana is planned to be integrated with Exponent Finance as one of the first participants.