Paxos International Debuts ‘Lift Dollar’ Stablecoin With Daily Yields

Permalink Report to webmaster

Paxos International Debuts 'Lift Dollar' Stablecoin With Daily YieldsThe 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 […]

Source: Bitcoin News

#Altcoins, #AbuDhabiGlobalMarket, #Crypto, #Cryptocurrency, #DigitalCurrency, #Ethereum, #FinancialRegulation, #Paxos, #Stablecoin, #USDL, #Yieldbearing