{"_id":"token-436666","name":"Paxos Lift Dollar","ticker":"USDL","pillar":"Fixed Income","type":"Yield Stablecoins","category":"Yield Stablecoins","description":"Yield-bearing stablecoin from Paxos International (regulated in the UAE/ADGM): daily yield from short-term US government securities, distributed by rebasing. Aimed at emerging markets, first launched in Argentina. Update: Paxos wound down USDL — minting ended on 8 October 2025, yield accrual stopped on 8 December 2025 and remaining balances were converted to USDG.","apy":"Wound down — yield stopped 8 Dec 2025, balances converted to USDG","risk":"Low","minInvestment":"None","issuer":"Paxos International","yieldSource":"Short-term US Treasuries + cash equivalents","maturity":null,"term":null,"liquidity":"ERC-20, transferable; exchange/DEX liquidity","aum":"Smaller (emerging-market focus)","network":"Ethereum / Arbitrum","country":"UAE (ADGM) — non-US, non-EU distribution","custody":"Self-custody","howToBuy":"Via partner platforms (e.g. in LatAm) or DEXs","rating":null,"kyc":"Depends on platform","networkFee":null,"networkFeeUsd":null,"investUrl":"https://liftdollar.com","source":"https://www.paxos.com/newsroom/winding-down-usdl-lift-dollar","lastVerified":"2026-10-19","featured":false,"apyPct":null,"apyPctLow":null,"apyPctHigh":null,"apyKind":"variable","minInvestmentUsd":0,"custodyType":"self","access":{"kycMint":"unknown","kycSecondary":"unknown","kycRedeem":"unknown","accreditedOnly":false,"whitelistRequired":false},"verified":"curated","isin":null,"underlyingSymbol":null,"underlyingIsin":null,"lifecycle":"terminated","maturityDate":null,"contract":null,"targetArea":[],"areas":[],"_links":{"page":"https://tokenbank.world/token/USDL","all":"https://tokenbank.world/api/tokens"},"_disclaimer":"Sourced figures; yields are variable and not guaranteed. Target/Area describe who the issuer aims the product at and where. They are not an eligibility check — who may buy is set by the issuer. Not investment advice. Verify the source before relying on any figure."}