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Paxos Launches Income Stablecoin USDL

Paxos Launches Income Stablecoin USDL

Bitget2024/06/05 16:46

Paxos has launched an income-generating, US dollar-denominated stablecoin called LiftDollar (USDL), which is regulated by the United Arab Emirates (UAE). The stablecoin is issued by Paxos International, the company's UAE division, and is regulated by the Abu Dhabi Global Market (ADGM) Financial Services Regulatory Authority (FSRA).

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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