USDL
Paxos Lift Dollar
Yield StablecoinsPaxos InternationalEthereum / Arbitrum
YIELD
PRICE
vs SAVINGS
—
RISK
LOW
PEERS
9
VENUES
—
Peers · Yield Stablecoins
AVG 4.45% · BENCH 2.00%| TICKER | ISSUER | YIELD | vs SAV | RISK | MIN |
|---|---|---|---|---|---|
| sUSDai | usd.ai | ~6.77% | +477bp | HIGH | None |
| scrvUSD | Curve Finance | ~5.83% | +383bp | MEDIUM | None |
| sfrxUSD | Frax Finance | ~5.3% | +330bp | LOW-MEDIUM | None |
| sUSDe | Ethena Labs | ~5.0% | +300bp | MEDIUM-HIGH | None |
| USD0++ | Usual | ~4.47% | +247bp | MEDIUM | None |
| YLDS | Figure Markets | ~4% | +200bp | LOW-MEDIUM | None |
| sUSDS | Sky (MakerDAO) | ~3.8% | +180bp | LOW | None |
| sUSDf | Falcon Finance | ~3.66% | +166bp | MEDIUM-HIGH | None |
| sDAI | Sky (MakerDAO) | ~1.25% | -75bp | VERY LOW | None |
| lvlUSD | Level (Peregrine) | PRICE | — | MEDIUM-HIGH | None |
Description
ISSUER DOCSYield-bearing stablecoin from Paxos International (regulated in the UAE/ADGM): daily yield from short-term US government securities, distributed by rebasing. Aimed at emerging markets, first launched in Argentina. Update: Paxos wound down USDL — minting ended on 8 October 2025, yield accrual stopped on 8 December 2025 and remaining balances were converted to USDG.
Buying · Q&A
1 QUESTIONSHow do I buy USDL?+
Via partner platforms (e.g. in LatAm) or DEXs. The token runs on Ethereum / Arbitrum. Minimum: None.
Where to trade
SECONDARY MARKETNo market data for USDL yet — buy through the issuer below.
Issuer · primary market
SUBSCRIBE / REDEEMPaxos International
Via partner platforms (e.g. in LatAm) or DEXs
MIN
None
KYC
Depends on platform
CUSTODY
Self-custody
Who may buy is set by the issuer — check their terms. Not investment advice.
Key facts
VERIFIED 2026-10-19- Yield / return
- Wound down — yield stopped 8 Dec 2025, balances converted to USDG
- Risk
- Low
- Minimum
- None
- Liquidity
- ERC-20, transferable; exchange/DEX liquidity
- Custody
- Self-custody
- KYC
- Depends on platform
- Verified
- 2026-10-19
Details
- Issuer
- Paxos International
- Type
- Yield Stablecoins
- Category
- Yield Stablecoins
- Yield source
- Short-term US Treasuries + cash equivalents
- Network
- Ethereum / Arbitrum
- Jurisdiction
- UAE (ADGM) — non-US, non-EU distribution
- AUM
- Smaller (emerging-market focus)
Questions
ANSWERS- Which digital bonds and tokenized funds have been issued in Singapore and the Gulf?
- What is the best stablecoin yield on Arbitrum right now?
- Which stablecoins actually pay me a yield, and where does that yield come from?
- Which tokenized assets can an AI agent buy on its own, without KYC — and which pays the most?
- Which real-world-asset and yield tokens can I buy without KYC, using only a self-custody wallet?
Spread to savings
BPsUSDai
+477
scrvUSD
+383
sfrxUSD
+330
sUSDe
+300
USD0++
+247
YLDS
+200
sUSDS
+180
sUSDf
+166