Language
Currency
Download App
Lift Dollar (USDL) positions itself as a pioneering stablecoin project driven by the mission of democratizing access to earning interest from stablecoin reserves. Issued by Paxos International, a regulatory-recognized entity, USDL is pegged to the US dollar and allows users to generate returns seamlessly.
At its core, USDL seeks to bridge the gap between traditional finance and the world of cryptocurrencies. By effectively distributing yields generated from cash and cash-equivalent reserves, USDL offers a notable incentive for holders without necessitating any complicated actions on their part. This automatic distribution elevates USDL as a user-friendly option in the stablecoin space.