Figure: The circulating supply of the securitized stablecoin YLDS has increased to $588 million, up 56% month-on-month.

Jinse Finance reported that Figure Technology Solutions, a Nasdaq-listed blockchain capital market company, has released its latest business operations report. The report disclosed that the circulating supply of its securitized stablecoin YLDS has increased to $588 millions, a 56% month-on-month growth. YLDS aims to maintain a fixed US dollar price and provide continuous yields through US Treasury bonds and Treasury repurchase agreements. Additionally, the consumer loan market transaction volume in February reached $896 millions, up 10% month-on-month.