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Crypto Trading Firm Paxos Unveils Yield-Bearing Stablecoin USDL

Altszn.com by Altszn.com
June 5, 2024
in Blockchain, Crypto, DeFi, Web3
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Crypto Trading Firm Paxos Unveils Yield-Bearing Stablecoin USDL
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“We’ve added programmatic daily yield so this looks a little bit more like a savings product than a checking account product, which is maybe the way to think about traditional stablecoins,” Cascarilla said in an interview. “[USDL] is going one step further from democratizing access to dollars, to also democratizing the risk-free rate, in the safest manner possible.”



Read More: www.coindesk.com

Tags: CryptoDeFifirmPaxosstablecoinTradingUnveilsUSDLYieldBearing
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    • bitcoinBitcoin (BTC) $ 103,033.00
    • ethereumEthereum (ETH) $ 2,348.40
    • tetherTether (USDT) $ 1.00
    • xrpXRP (XRP) $ 2.36
    • bnbBNB (BNB) $ 672.14
    • solanaSolana (SOL) $ 172.30
    • usd-coinUSDC (USDC) $ 0.999997
    • dogecoinDogecoin (DOGE) $ 0.206157
    • cardanoCardano (ADA) $ 0.781128
    • tronTRON (TRX) $ 0.263093
    • staked-etherLido Staked Ether (STETH) $ 2,349.15
    • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 102,968.00
    • suiSui (SUI) $ 3.97
    • chainlinkChainlink (LINK) $ 16.05
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    • wrapped-stethWrapped stETH (WSTETH) $ 2,817.57
    • stellarStellar (XLM) $ 0.298251
    • shiba-inuShiba Inu (SHIB) $ 0.000015
    • hedera-hashgraphHedera (HBAR) $ 0.202410
    • hyperliquidHyperliquid (HYPE) $ 24.94
    • bitcoin-cashBitcoin Cash (BCH) $ 414.20
    • the-open-networkToncoin (TON) $ 3.30
    • leo-tokenLEO Token (LEO) $ 8.68
    • usdsUSDS (USDS) $ 1.00
    • litecoinLitecoin (LTC) $ 104.30
    • polkadotPolkadot (DOT) $ 4.90
    • wethWETH (WETH) $ 2,351.78
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    • wrapped-eethWrapped eETH (WEETH) $ 2,506.94
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    • pepePepe (PEPE) $ 0.000013
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