The US SEC approves a yield-bearing stablecoin by Figure Markets, which Figure says is the first yield-bearing stablecoin registered as a security with the SEC (Olga Kharif/Bloomberg)

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Olga Kharif / Bloomberg:The US SEC approves a yield-bearing stablecoin by Figure Markets, which Figure says is the first yield-bearing stablecoin registered as a security with the SEC  —  - YLDs stablecoin from Figure Markets receives SEC registration  — Assets that earn a return are usually consider a security