Lift Dollar

USDL

24H 7D 1M 1Y 5Y

Market cap

Volume (24h)

Total supply

Circulating supply

USDL to USD converter

USDL

USD

Rank

#337

Website

Tech Doc

Whitepaper

Socials

Explorers

etherscan.io app.nansen.ai arbiscan.io

Information about "Lift Dollar"

A regulated stablecoin backed by the US dollar that allocates interest from its cash and cash-equivalent reserves to qualified wallets every day.

Paxos International, a subsidiary of Paxos, manages USDL, a stablecoin regulated by the Financial Services Regulatory Authority (FSRA) in the Abu Dhabi Global Market (ADGM). The reserves for this token consist of US dollar deposits, US Treasuries, and other liquid assets. USDL operates on the Ethereum blockchain, utilizing a smart contract to automatically distribute the yield generated from its reserves to eligible wallet holders. USDL can always be exchanged at a 1:1 ratio with US dollars from Paxos International. However, it is not available to customers in the United States and certain other countries.

"Lift Dollar" price data

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