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TechFlow news, according to Coindesk, Paxos has launched a yield-bearing, U.S. dollar-denominated stablecoin called Lift Dollar (USDL), regulated by the United Arab Emirates (UAE). The stablecoin is issued by Paxos International, the company's UAE division, and is regulated by the Abu Dhabi Global Market (ADGM) Financial Services Regulatory Authority (FSRA).
According to Coindesk, Paxos has launched a yield-bearing, U.S. dollar-denominated stablecoin called Lift Dollar (USDL), regulated by the United Arab Emirates (UAE). The stablecoin is issued by the company's UAE division, Paxos International, and is regulated by the Abu Dhabi Global Market (ADGM) Financial Services Regulatory Authority (FSRA).
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