Paxos International, a Dubai-based subsidiary of Paxos, the well-known stablecoin issuer, recently announced the launch of USDL (Lift Dollar) on Arbitrum. USDL is a yield-generating stablecoin pegged to the US dollar, further expanding Paxos' presence in the digital asset industry. This move marks a significant step for Paxos as it expands its footprint into the Arbitrum ecosystem. The introduction of USDL provides users with a stable and yield-bearing option within the Arbitrum network. As Arbitrum gains traction as a leading Layer-2 scaling solution for Ethereum, Paxos' launch of USDL is poised to meet the growing demand for stablecoins within this thriving ecosystem. ---