Paxos Launches Yield-Bearing Stablecoin on Arbitrum
The yield-bearing stablecoin Lift Dollar from Paxos International has been introduced on the Ethereum layer-2 network Arbitrum. On October 9, the Financial Services Regulatory Authority of Abu Dhabi stated that Lift Dollar (USDL) would expand to Arbitrum. Lift Dollar is a subsidiary of Paxos based in the United Arab Emirates. Only a few weeks have […]