SEC approves first yield-bearing stablecoin security

From Cointelegraph

February 20, 2025 12:14:18 PM:

Figure Markets has made history by being the first company to gain approval for an interest-bearing stablecoin in the US. This milestone sets a precedent for future stablecoin projects seeking regulatory approval in the country.

Read more at Cointelegraph: SEC approves first yield-bearing stablecoin security