Allied Architects Begins Operation of 'Apyx', a Stablecoin Backed by Strategy Corp's Preferred Shares, Targeting a 13% Yield

Allied Architects, listed on the Tokyo Stock Exchange Growth, announced on the 3rd that it has started this month its own operation of the yield-bearing stablecoin 'Apyx (Apex)', which is backed by preferred shares and other securities issued by Strategy Corp, listed on NASDAQ. Apyx is designed with a dual-layer structure consisting of the basic token 'apxUSD' and the yield-bearing token 'apyUSD'...