Lift Dollar
About
Empowering the future of finance with secure, regulated, and efficient dollar-backed stablecoins
Lift Dollar (USDL) is a US dollar-backed stablecoin by Paxos International, offering secure, accessible financial growth through safe yield from cash and equivalents. Regulated by FSRA in Abu Dhabi Global Market, it ensures trust and efficiency in digital finance. Discover more at liftdollar.com.
Use Cases
DeFi Yield Generation
Users earn daily yield on USDL holdings, combining stable value with cash-equivalent asset returns in decentralized finance.
Gaming Transactions
Gamers use USDL for fast, low-cost transactions and in-game purchases within blockchain-based gaming ecosystems.
Social Platform Payments
Social apps integrate USDL to enable seamless, efficient P2P payments andtipping with stablecoin security.
Fiat Redemption & Stability
Holders redeem USDL 1:1 for USD, ensuring asset safety and liquidity with regulated backing from cash reserves.
Key Features
Lift Dollar (USDL) Stablecoin Features
- USDL is a US dollar-backed stablecoin.
- It distributes yield from its cash and cash equivalent reserves to its holdersevery day.
- 1 USDL is always worth 1 US dollar and can be redeemed 1:1 for US dollars.
- USDL is backed by cash and cash equivalent assets.
- Issued by Paxos International, regulated by the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM).
Velo Labs Collaboration
- Velo Labs integrates Lift Dollar (USDL) into its ecosystem.
- USDL will serve as reserve collateral and a settlement asset within Velo Labs'USDV stablecoin framework.
- Velo Labs enhances the quality and resilience of assets backing USDV byintegrating USDL, which is backed by short-term U.S. Treasury bills and cash equivalents.
- Velo Labs will serve as Paxos International's beachhead for scaling USDLacross Southeast Asia.
- The integration of USDL into the Velo ecosystem strengthens Velo Labs' missionto deliver institutional-grade financial products to the Web3 space.
(Executive Director & SEO)
Charlotte Nedir
(Non-Executive Director)
Charles Cascarilla
Website
liftdollar.com
1
USDL value peg to USD
daily
yield distribution frequency
