Disclaimer: This page may contain affiliate links. CoinMarketCap may be compensated if you visit any affiliate links and you take certain actions such as signing up and transacting with these affiliate platforms. Please refer to Affiliate Disclosure
A regulated, US dollar-backed stablecoin that distributes yield from its cash and cash equivalent reserves to eligible wallets holding it every day. USDL is issued by Paxos International, an affiliate company of Paxos, that is regulated in the Abu Dhabi Global Market (ADGM) by the Financial Services Regulatory Authority (FSRA). Token reserves are held in US dollar deposits, US Treasuries and other cash equivalents. USDL is issued on the Ethereum blockchain and uses an Ethereum smart contract to programmatically distribute yield generated from its reserves to eligible wallet addresses. USDL is always redeemable 1:1 for US dollars from Paxos International. USDL is not available to customers in the US and other specific countries.
The live Lift Dollar price today is $0.999704 USD with a 24-hour trading volume of $9,973.02 USD. We update our USDL to USD price in real-time. Lift Dollar is down 0.05% in the last 24 hours. The current CoinMarketCap ranking is #546, with a live market cap of $73,594,936 USD. It has a circulating supply of 73,616,712 USDL coins and the max. supply is not available.