OKG Research: The proportion of interest-bearing stablecoins in the Ethereum ecosystem has increased to 5.4%.

Odaily Planet Daily reported that Figure Markets has been approved to launch the first interest-bearing stablecoin YLDS. OKG Research published an analysis stating: "Since 2024, the market share of interest-bearing stablecoins in the Ethereum ecosystem has increased from 0.4% to around 5.4%. The SEC's approval of YLSD will encourage more institutions to consider launching interest-bearing stablecoin products in the United States, potentially driving explosive growth in the next 3-5 years. It is expected to capture more than 10% of the stablecoin market, becoming another category of cryptocurrency that attracts significant institutional attention and investment after BTC."