Paxos International Debuts ‘Lift Dollar’ Stablecoin With Daily Yields
![Paxos International Debuts ‘Lift Dollar’ Stablecoin With Daily Yields](https://cryptinex.com/wp-content/uploads/2024/06/Paxos-International-Debuts-‘Lift-Dollar-Stablecoin-With-Daily-Yields-1024x576.jpeg)
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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