Blockchain and lending startup Figure Technologies Inc., led by former SoFi Technologies Inc. CEO Mike Cagney, is aiming for approval from the U.S. SEC to launch interest-bearing stablecoins. This unconventional move seeks to establish a new category of stablecoins with federal legitimacy. If successful, Figure will introduce the first stablecoin regulated as a security in the U.S. The company filed a draft registration statement with the Securities and Exchange Commission (SEC) in October under its subsidiary, Figure Certificate Co. The filing reveals Figure’s intent to register the stablecoin as “face-amount certificates,” a form of fixed-income securities, utilizing blockchain technology.
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Mkt Cap $2.29T
BTC Dom 56.76 %
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$64,864.00
▲ +0.90%
ETH
$1,912.11
▲ +0.50%
USDT
$0.999497
▲ +0.00%
BNB
$591.08
▼ -0.40%
USDC
$0.999709
▲ +0.00%
XRP
$1.03
▼ -0.60%
SOL
$73.91
▲ +1.60%
TRX
$0.327657
▲ +0.20%
FIGR_HELOC
$1.02
▲ +0.20%
HYPE
$54.11
▼ -3.00%
DOGE
$0.069878
▲ +0.90%
USDS
$0.999872
▲ +0.00%
RAIN
$0.012712
▲ +1.30%
LEO
$9.71
▼ -0.50%
ZEC
$506.08
▲ +0.10%
ADA
$0.201098
▼ -0.50%
XMR
$380.81
▲ +3.00%
WBT
$56.10
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LINK
$8.19
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XLM
$0.16177
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DAI
$0.999965
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BCH
$216.21
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USD1
$0.999896
▲ +0.00%
USDE
$0.99973
▲ +0.00%
GRAM
$1.35
▼ -1.30%
BTC
$64,864.00
▲ +0.90%
ETH
$1,912.11
▲ +0.50%
USDT
$0.999497
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BNB
$591.08
▼ -0.40%
USDC
$0.999709
▲ +0.00%
XRP
$1.03
▼ -0.60%
SOL
$73.91
▲ +1.60%
TRX
$0.327657
▲ +0.20%
FIGR_HELOC
$1.02
▲ +0.20%
HYPE
$54.11
▼ -3.00%
DOGE
$0.069878
▲ +0.90%
USDS
$0.999872
▲ +0.00%
RAIN
$0.012712
▲ +1.30%
LEO
$9.71
▼ -0.50%
ZEC
$506.08
▲ +0.10%
ADA
$0.201098
▼ -0.50%
XMR
$380.81
▲ +3.00%
WBT
$56.10
▲ +0.80%
LINK
$8.19
▼ -0.30%
XLM
$0.16177
▲ +0.00%
DAI
$0.999965
▲ +0.00%
BCH
$216.21
▲ +1.30%
USD1
$0.999896
▲ +0.00%
USDE
$0.99973
▲ +0.00%
GRAM
$1.35
▼ -1.30%
Mkt Cap $2.29T
BTC Dom 56.76 %
BTC
$64,864.00
▲ +0.90%
ETH
$1,912.11
▲ +0.50%
USDT
$0.999497
▲ +0.00%
BNB
$591.08
▼ -0.40%
USDC
$0.999709
▲ +0.00%
XRP
$1.03
▼ -0.60%
SOL
$73.91
▲ +1.60%
TRX
$0.327657
▲ +0.20%
FIGR_HELOC
$1.02
▲ +0.20%
HYPE
$54.11
▼ -3.00%
DOGE
$0.069878
▲ +0.90%
USDS
$0.999872
▲ +0.00%
RAIN
$0.012712
▲ +1.30%
LEO
$9.71
▼ -0.50%
ZEC
$506.08
▲ +0.10%
ADA
$0.201098
▼ -0.50%
XMR
$380.81
▲ +3.00%
WBT
$56.10
▲ +0.80%
LINK
$8.19
▼ -0.30%
XLM
$0.16177
▲ +0.00%
DAI
$0.999965
▲ +0.00%
BCH
$216.21
▲ +1.30%
USD1
$0.999896
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USDE
$0.99973
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GRAM
$1.35
▼ -1.30%
