July 13, 2025

Paxos launches yield-bearing stablecoin on Injective network

1 min read

Paxos has launched the yield-bearing stablecoin wrapped Lift Dollar (wUSDL) on Injective, according to an announcement on October 16. Lift Dollar is a new yield-bearing stablecoin pegged 1:1 to the US dollar. The United Arab Emirates-regulated Paxos International, an affiliate of Paxos, launched Lift Dollar (USDL) in June this year. It’s a stablecoin designed to

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Source: Invezz

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