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Lift Dollar news
About Lift Dollar
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 $1.00 USD with a 24-hour trading volume of $50,255.90 USD. We update our USDL to USD price in real-time. Lift Dollar is up 0.02% in the last 24 hours. The current CoinMarketCap ranking is #565, with a live market cap of $48,219,417 USD. It has a circulating supply of 48,209,690 USDL coins and the max. supply is not available.