Paxos International Announces the Launch of Lift Dollar (USDL) on Arbitrum

Odaily News According to official news, Paxos International, the UAE subsidiary of Paxos, announced the launch of Lift Dollar (USDL), a yield-based stablecoin issued by a regulated entity on Arbitrum. It is reported that the expansion of USDL to Arbitrum can achieve economical, efficient and fast transactions in a powerful gaming, social and DeFi ecosystem.