Lift Dollar(USDL)
Market Cap$9m
Price-
Total Circulating9m
Stablecoin Information
Lift Dollar (USDL) is a US dollar-backed stablecoin with regulatory oversight that distributes yield from its cash and cash equivalent reserves to its holders every day.
Category:fiat-backed
Minting and RedemptionInstitutions mint USDL by wiring USD or sending USDC, which Paxos converts and delivers to an Ethereum address; to redeem, they send USDL to Paxos for a USD wire transfer
Audits:No
Stablecoins Usage by Chain
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 0 | +0.05% | +7170% | +4427% | 9m | ||
| 0 | -100.00% | -100.00% | -100.00% | 0 |