PANews reported on May 9th that Andre Cronje stated on X that Flying Tulip 's stablecoin ftUSD currently offers an annualized yield of approximately 5.11% on the Sonic blockchain (USDC) and approximately 5.27% on Ethereum (USDT) . Neither yield relies on platform token incentives, subsidies, "points," revolving lending, or leverage mechanisms, and there are no unlocking periods or exit queues, supporting instant redemption and liquidity. Cronje stated that these "pure yield" stablecoin products demonstrate that DeFi still has significant room for innovation and exploration.