Figure Heloc vs Tether
Side by side: risks, on-chain checks, market data, and the sourced record.
Risk signals
- Flash crash history
- Opaque loan verifiability
- Undisclosed tokenomics
- Dynamic uncapped supply
- Reserve misrepresentation settlements
- Treasury theft non-redemption
- Temporary depeg events
- Regulatory investigations ongoing
- Attestation-only reserves
Market
- Price
- $1.03
- Mkt cap
- $19.81B
- 24h vol
- $39.81M
- Price
- $0.9986
- Mkt cap
- $186.08B
- 24h vol
- $46.64B
Background
Figure Heloc (FIGR_HELOC) is a tokenized real-world asset representing Home Equity Lines of Credit (HELOCs) originated by Figure Technologies on the Provenance blockchain. The token supply is dynamic and tied directly to the total unpaid principal balance of the underlying tokenized loans, with each token…
Tether is a blockchain-enabled platform launched in 2014 by Tether Limited that issues stablecoins, primarily the USDT token pegged to the U.S. dollar. It enables the digital use and transfer of fiat currencies across blockchains, initially on Bitcoin via the Omni Layer protocol and later on Ethereum and other…