According to Odaily, Injective has announced on the X platform that Paxos has launched a yield-bearing stablecoin called Wrapped Lift Dollar (wUSDL) within the Injective ecosystem. Users can utilize this new stablecoin within Injective's DeFi protocol suite and earn returns by holding the asset. wUSDL is a wrapped version of USDL on Ethereum, which is pegged 1:1 to the US dollar.
Paxos Introduces Yield-Bearing Stablecoin Wrapped Lift Dollar On Injective
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