On Friday, the Sui Foundation announced via X that YLDS, the first SEC-registered yield-bearing stablecoin, is coming to Sui. The launch will see YLDS bring compliant yields to the Sui layer 1 blockchain.
Sui is a Layer 1 blockchain designed to provide top-notch developer and user experiences backed by robust technological foundations. SUI is up 6.4% in the last 24 hours, trading at $2.65 per coin.