transparency
Fostering trust through transparency
![](https://liftdollar.com/wp-content/uploads/2024/04/usdl-stair-illustration.png)
Transparency reports
As a regulated company, Paxos International maintains a commitment to ensuring up-to-date reports and attestations regarding USDL are made available.
USDL attestations
Attestation reports are issued by Crowe Mak, an independent third-party accounting firm. This examination is conducted in accordance with standards established by the International Auditing and Assurance Standards Board (ISAAB)*
*Examination standards meet the requirements set by Paxos International’s regulator, the Financial Services Regulatory Authority (FSRA) of the ADGM.
*Examination standards meet the requirements set by Paxos International’s regulator, the Financial Services Regulatory Authority (FSRA) of the ADGM.
USDL yield structure and fees illustration
Yield generated by USDL reserves
5.20%
Example of potential trailing 7 day average of yield generated by USDL’s cash and cash equivalent reserves. Learn more about reserve assets here.
Management fee
0.30%
Paxos International retains a 0.30% fee to manage USDL’s reserves that is currently being waived.
Distribution fee
0.20%
Paxos International retains an additional 0.2% fee to promote USDL and pay platforms that list it.
USDL APY rate
5.00%
Net APY earned by USDL token holders.
*Rates subject to change, all numbers for illustrative purposes. Annual Percentage Yields (APY) are variable and effective as of 06-05-24. Calculations are based on yield that is paid daily and compounded daily. Calculations assume 365 days per year and that yield received is reinvested.
The safety and stability of Paxos International
Highest industry standards
USDL is issued by Paxos International which is regulated by the Financial Services Regulatory Authority (FSRA) in Abu Dhabi Global Market (ADGM) ensuring the highest standards of customer protection.
1:1 redemption
USDL reserves are held 100% in cash and cash equivalents, meaning customer funds are always available for 1:1 redemption.
Asset Protection
Assets are held in reserve accounts under the protection and custody requirements of the Financial Services Regulatory Authority (FSRA), to remain safe and accessible at all times.
FAQ
Paxos International is a Paxos-affiliate company based in the Abu Dhabi Global Market, the financial free zone in the Emirate of Abu Dhabi, the United Arab Emirates.
Yes. Paxos International is regulated in the Abu Dhabi Global Market (ADGM) by the Financial Services Regulatory Authority (FSRA).