SEC-Approved YLDS Token Storms Sui Blockchain – Will It Fix Crypto’s Midlife Crisis?

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Figure Certificate Company, a name that sounds like it belongs on a tax form, announced Oct. 14 it’s launching its SEC-registered YLDS token on Sui blockchain. 🤯 This isn’t just crypto-it’s crypto with a *government-approved* stamp of approval! No more fumbling with sketchy exchanges; just regulated yield and USD ramps. Because who needs drama when you can have compliance? 😂

YLDS offers SOFR minus 35 basis points (because why settle for normal interest rates when you can subtract 0.35% and call it “exclusive”?), backed by short-term treasuries. Per the Sui Foundation, it’s like a financial Swiss Army knife-but with more red tape. 🛠️

Figure is an SEC-registered “face-amount certificate company,” which is just a fancy way of saying, “We’re not a stablecoin. We’re a *responsible* stablecoin.” 🤷‍♂️

“YLDS, Figure’s SEC-registered, yield-bearing stablecoin, will be issued natively on Sui,” said @SuiNetwork, who clearly spent too much time in meetings. 🤝

This partnership brings:

  • USD on/off-ramps through YLDS
  • SUI as potential collateral on @Figure
  • Compliant, scalable DeFi infrastructure (because scalability and compliance are *finally* compatible!)

Learn more 👇 or ask your grandma about SOFR. – Sui (@SuiNetwork) October 14, 2025

SOFR: The Interest Rate That Replaced LIBOR (But Cooler)

SOFR, the benchmark rate for all your dollar-denominated loan dreams, replaced LIBOR in 2023. It’s the cost of borrowing cash overnight with Treasuries as collateral. YLDS holders get this rate minus 35 basis points-daily accrual, baby! 🎉 It’s like having a savings account that also has a LinkedIn profile.

Most stablecoins are just “fixed one-dollar pegs,” but YLDS accrues interest *and* stays redeemable for dollars. The SEC registration adds oversight like a financial sunscreen. 🏛️ SPF 5000.

Figure and Sui are also toying with using SUI as collateral in lending platforms. No timeline? Of course not-this is crypto, where timelines are as flexible as a yoga instructor’s schedule. 🧘‍♂️

DeepBook Liquidity Layer: Where YLDS Meets Margin Trading (Maybe)

YLDS will power DeepBook, Sui’s “central limit order book,” supporting margin trading. No launch date? Because nothing says “trust us” like a vague roadmap. 🕒

Figure and Mysten Labs are bridging regulated finance and blockchain. Think of it as a middle-aged broker who finally got a TikTok account. 📱

Hashdex’s ETF covers BTC, ETH, XRP, SOL-because why choose one crypto when you can have them all? 🚀

SUI/USDT Technical Outlook: Bear Market or Bear Market?

SUI is bearish on 1-minute, 15-minute, and 1-hour charts. SuperTrend says “short position.” Traders watch $2.7875-$2.7902 resistance and $2.6781-$2.6755 support. A break below? “Further bearish momentum” ahead. 🐻

SUI/USDT 1H Chart | Source: TradingView

Figure’s counsel wrote the SEC in 2025 about YLDS trading pairs. Amendment 6 to Form S-1? Because nothing says “innovation” like six iterations of paperwork. 📄

Community response: positive. Probably. 🙌

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2025-10-14 22:53