Odaily Planet Daily News: Paxos International, the UAE branch of Paxos, announced the launch of Lift Dollar (USDL), which is reportedly the first regulated stablecoin that can provide daily returns to holders. It will provide users with a daily average programmatic interest rate of about 5%, which is consistent with the yield of US Treasury bonds. USDL is regulated by the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM) and denominated in US dollars. (Coindesk)