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Paxos International Debuts ‘Lift Dollar’ Stablecoin With Daily Yields

June 6, 2024
in Bitcoin
Reading Time: 1 min read
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Paxos International Debuts ‘Lift Dollar’ Stablecoin With Daily Yields
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The blockchain and tokenization infrastructure platform Paxos has announced Paxos International has launched a new yield-bearing stablecoin called lift dollar (USDL). The stablecoin’s holders will earn overnight yield from short-term U.S. government securities and cash equivalent reserve assets with each USDL backed 1:1 in U.S. dollar value. New ‘Lift Dollar’ Stablecoin Offers Daily Returns on […]
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