USDL for INDIVIDUALS
Your stablecoin should earn yield
Safely access, earn and use US dollars with Lift Dollar (USDL) – a dollar-backed stablecoin that distributes yield daily.
APY: 5.0%*
*This is the rate set by Paxos International in the USDL smart contract as of 06-05-2024 and is subject to change.
1 USDL is always worth 1 US dollar.
USDL is a stablecoin backed by cash and cash equivalent assets that can always be redeemed 1:1 for US dollars.
USDL is a stablecoin backed by cash and cash equivalent assets that can always be redeemed 1:1 for US dollars.
Earn yield only from US Treasuries and other cash equivalent assets when you hold USDL.
These short-term, highly liquid assets are held in segregated accounts under the safe protection, custody requirements and prudential oversight by the Financial Services Regulatory Authority of the ADGM.
These short-term, highly liquid assets are held in segregated accounts under the safe protection, custody requirements and prudential oversight by the Financial Services Regulatory Authority of the ADGM.
Your USDL balance increases every day right in your wallet. Benefit from yield that is deposited and compounds daily.
Save, spend and trade with USDL – all while earning yield.
Save, spend and trade with USDL – all while earning yield.
Access USDL on these platforms
How USDL compares
Distributes Yield
Yield only from cash equivalent assets
On-chain and designed to equal 1 US dollar
Available 24/7
Yield distributed daily
Issued by a regulated entity safely custodying client assets
USDT & USDC
Typical
savings account
How does earning yield with USDL work?
access dollars safely
Get USDL
Individuals can access USDL from a number of exchanges and financial applications. On these platforms, USDL can be swapped for other stablecoins or purchased directly.
earn yield effortlessly
Your USDL balance grows every day
USDL’s smart contract grows the balance in your wallet everyday, automatically.
save, spend, trade
Use USDL like any other stablecoin
Your USDL tokens are in your wallet and can be used like other stablecoins.
1 USDL = 1 US Dollar
Redeem easily
You can redeem your USDL on crypto platforms where it is supported. Anyone can redeem USDL from Paxos International by creating an account here.
FAQ
Your USDL balance increases every day in your wallet based on the amount of USDL you hold and the APY rate. You don’t have to do anything to earn yield once you have USDL in your wallet.
Individuals can buy and redeem USDL on crypto platforms that list it.
Individuals who hold USDL can redeem it for US dollars at a 1:1 ratio from Paxos International after completing an onboarding process here.
Individuals who meet the FSRA’s requirements for being deemed a “Professional Client” here are eligible to mint USDL directly from Paxos International after completing an onboarding process. Contact us to learn more.
Individuals who hold USDL can redeem it for US dollars at a 1:1 ratio from Paxos International after completing an onboarding process here.
Individuals who meet the FSRA’s requirements for being deemed a “Professional Client” here are eligible to mint USDL directly from Paxos International after completing an onboarding process. Contact us to learn more.
No. There is no minimum required to earn yield.
