A blockchain-focused financial services company wants to launch an interest-bearing stablecoin pegged to the penny. According to a registration statement filed with the U.S. Securities and Exchange Commission (SEC) in October, the San Francisco-based Figure wants to set up a subsidiary called Figure Certificate Company. The subsidiary hopes to issue “Figure Transferable Certificates,” which are The post SEC Receives Application From Financial Services Company To Issue New Interest-Bearing Stablecoin appeared first on The Daily Hodl .
