In recent industry news, @Paxos International introduced Lift Dollar (USDL), the first yield-bearing stablecoin with regulatory oversight in Abu Dhabi. Backed by short-term, high-quality liquid US government securities and cash equivalent reserve assets, USDL programmatically pays out yield to @ethereum wallets daily. https://t.co/FaqpPteHOK Discover how Paxos is already using Chainlink Price Feeds to accelerate the adoption of PayPal’s USD-backed stablecoin:
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