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CoinGape 2024-06-05 18:43:12

Paxos Launches Yield Bearing Lift Dollar Stablecoin, But There’s a Catch

Paxos International, a branch of Paxos based in the United Arab Emirates, has introduced a new yield-bearing stablecoin named Lift Dollar (USDL). Designed to offer a risk-free return to its owners, the stablecoin has been launched in Argentina with an intention to expand in more countries in the future. However, there’s a caveat: Residents of The post Paxos Launches Yield Bearing Lift Dollar Stablecoin, But There’s a Catch appeared first on CoinGape .

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