Former FTX Bidder, Blockchain Startup Figure, Applies to SEC for Launch of "Interest-Paying Stablecoin"
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Former FTX Bidder, Blockchain Startup Figure, Applies to SEC for Launch of “Interest-Paying Stablecoin”

According to a report by Bloomberg, FigureCertificateCo., a subsidiary of blockchain startup Figure Technologies, has submitted a registration application to the SEC. The company plans to launch an interest-bearing stablecoin in the form of fixed-income securities.

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