In the fast-paced world of crypto, stablecoins like USDT and USDC have been the go-to for traders and investors looking for stability amid volatility. But what if your stablecoin could do more—like earn you yield without extra effort? That's where YLDS comes in, a fresh entrant from Figure Technologies deployed on the Sui Network. A recent tweet from crypto commentator MartyParty highlighted seven game-changing differences that set YLDS apart, sparking buzz in the community.

The original tweet features a handy comparison table that breaks it down simply. Here's the visual for a quick overview:

Let's dive into each of these differences, explaining what they mean for you as a blockchain user or meme token enthusiast. After all, in the meme coin space, where quick trades and DeFi plays are king, a stablecoin that earns while you hold could supercharge your strategies.

1. You Earn Yield

YLDS stands out with its built-in yield mechanism, pegged to the Secured Overnight Financing Rate (SOFR) minus 50 basis points—currently clocking in at a solid 4.33% APY. This accrues daily and pays out monthly in USD or extra YLDS tokens. In contrast, USDT holders might see Tether pocketing around $13 billion yearly in interest, while USDC's Circle keeps it all. For meme traders on Sui, this means your idle funds work harder, potentially funding that next viral token play without lifting a finger.

2. SEC Registration

Security matters, and YLDS is the first stablecoin ever approved as a security by the U.S. Securities and Exchange Commission (SEC) back in February 2025, earning a full public security rating (Reg A+). USDT and USDC? No SEC filings in sight. This regulatory stamp adds a layer of trust and compliance, making YLDS appealing for institutional players dipping into meme ecosystems or DeFi on Sui.

3. Backing

Under the hood, YLDS is backed by prime money-market fund assets, including T-bills and AAA asset-backed securities. USDT mixes cash, T-bills, commercial paper, and even crypto loans, while USDC sticks to cash and short T-bills only. YLDS's conservative backing reduces risk, which is crucial when you're parking funds between meme coin pumps on fast chains like Sui.

4. KYC to Earn Yield

To tap into that yield, YLDS requires a one-time Know Your Customer (KYC) process, after which you earn daily. Non-KYC wallets hold but earn 0%. Neither USDT nor USDC demands KYC for any yield—because there isn't any. This setup balances accessibility with regulatory needs, ideal for serious meme insiders building long-term positions.

5. Redemption

Getting your money out is straightforward with YLDS: same-day ACH or wire transfers to your bank, plus Figure guarantees 1:1 backing. USDT offers redemptions via Tether.com starting at $100K with 3-5 day waits, and USDC via Circle at the same minimum but 1-2 days. Faster redemptions mean quicker access to fiat for those real-world wins from meme trading.

6. Blockchains

YLDS is native to Provenance, Sui, Ethereum, Base, and Polygon bridges, with Sui as a key focus for its speed and low fees. USDT dominates on 14 chains led by Tron, and USDC on 15 with Ethereum at the helm. For meme token fans, Sui's integration opens doors to seamless bridging and trading in high-throughput environments.

7. DeFi Superpower

Here's the fun part for DeFi enthusiasts: DeepBook on Sui auto-converts idle USDC into YLDS in margin accounts, turning your collateral into an earning machine while you trade. USDT and USDC offer no native yield in DeFi setups. Imagine leveraging this in meme coin perpetuals or liquidity pools—your stable holdings generate passive income during those wild market swings.

YLDS isn't just another stablecoin; it's a yield-bearing powerhouse that's reshaping how we think about stability in crypto. Backed by Figure and powered by Sui's tech from Mysten Labs, it's positioned to attract both retail meme hunters and big institutions. If you're into meme tokens, keeping an eye on how YLDS integrates with Sui's ecosystem could unlock new ways to optimize your portfolio. What do you think—will YLDS dethrone the old guards? Drop your thoughts in the comments!