USDL is not available to residents of the US and certain other countries. Please refer to the Terms and Conditions here for more information.
USDL for BUSINESSES
USDL for BUSINESSES
USDL for BUSINESSES
The new stablecoin standard
The new stablecoin standard
The new stablecoin standard
Lift Dollar (USDL) is a US dollar-backed stablecoin with regulatory oversight that distributes yield generated from US dollar deposits, US Treasuries and other cash equivalent assets.
Lift Dollar (USDL) is a US dollar-backed stablecoin with regulatory oversight that distributes yield generated from US dollar deposits, US Treasuries and other cash equivalent assets.
Lift Dollar (USDL) is a US dollar-backed stablecoin with regulatory oversight that distributes yield generated from US dollar deposits, US Treasuries and other cash equivalent assets.




Regulated and fully-backed
USDL is issued by Paxos International with strict prudential oversight from its regulator, the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM).
Reserves are held in segregated accounts under the safe protection and custody requirements of Paxos International’s regulator.
Global access
Seamless treasury management

Regulated and fully-backed
USDL is issued by Paxos International with strict prudential oversight from its regulator, the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM).
Reserves are held in segregated accounts under the safe protection and custody requirements of Paxos International’s regulator.
Global access
Seamless treasury management

Regulated and fully-backed
USDL is issued by Paxos International with strict prudential oversight from its regulator, the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM).
Reserves are held in segregated accounts under the safe protection and custody requirements of Paxos International’s regulator.
Global access
Seamless treasury management



REGULATION
Your dollars are safe by design
REGULATED
Financial regulator oversight.
TRANSPARENT
Transparent reserve management.
USDL reserves are held in cash and cash equivalents. Audited reports of USDL reserve composition and yield generation are published monthly here.
SECURE
1 USDL = 1 USD. Always.
USDL can always be redeemed from Paxos International at a rate of 1 USDL = 1 US dollar. USDL's cash reserves are held in segregated accounts for the benefit of its holders.
How does earning yield with USDL work?
How does earning yield with USDL work?
How does earning yield with USDL work?
1
Acquire USDL
Acquire USDL
Eligible businesses can acquire USDL in exchange for fiat or other stablecoins directly from Paxos International by setting up an institutional account. USDL is also available on various global exchanges and financial platforms.
Eligible businesses can acquire USDL in exchange for fiat or other stablecoins directly from Paxos International by setting up an institutional account. USDL is also available on various global exchanges and financial platforms.
2
USDL balance grows every day
USDL balance grows every day
Your USDL balance grows automatically using a smart contract method called rebasing. This process adjusts your balance daily to reflect the yield earned on your assets. To learn more about rebasing, read the white paper. USDL is an ERC-20 token that is widely supported by digital asset custody platforms.
Your USDL balance grows automatically using a smart contract method called rebasing. This process adjusts your balance daily to reflect the yield earned on your assets. To learn more about rebasing, read the white paper. USDL is an ERC-20 token that is widely supported by digital asset custody platforms.
3
Use USDL like any other stablecoin
Use USDL like any other stablecoin
You can use USDL just like other stablecoins. Whether you're saving, spending, or trading you can do it all while earning yield.
You can use USDL just like other stablecoins. Whether you're saving, spending, or trading you can do it all while earning yield.
4
Redeem easily
Redeem easily
Redeem your USDL balance for US dollars at an exchange or fintech platform that lists USDL. Anyone can redeem USDL at a 1:1 ratio for US dollars from Paxos International by creating an institutional account.
Redeem your USDL balance for US dollars at an exchange or fintech platform that lists USDL. Anyone can redeem USDL at a 1:1 ratio for US dollars from Paxos International by creating an institutional account.
Access USDL from
Paxos International
Access USDL from
Paxos International
Access USDL from
Paxos International
Eligible businesses can mint and redeem USDL by onboarding and creating an institutional account. Benefits include:
Seamless swaps between USDL and other stablecoins
Guaranteed 1:1 redemption
Access via UI or APIs
Eligible businesses can mint and redeem USDL by onboarding and creating an institutional account. Benefits include:
Seamless swaps between USDL and other stablecoins
Guaranteed 1:1 redemption
Access via UI or APIs

A HIGHER STANDARD
Transparency Reports
USDL is issued by Paxos International, a regulated company that publishes monthly transparency reports.
Contact our sales team
FAQ
Is USDL regulated?
Yes, USDL operates with strict regulatory oversight from the Financial Services Regulatory Authority (FSRA) in the Abu Dhabi Global Market (ADGM). Learn more about regulation here.
Is USDL regulated?
Yes, USDL operates with strict regulatory oversight from the Financial Services Regulatory Authority (FSRA) in the Abu Dhabi Global Market (ADGM). Learn more about regulation here.
Is USDL regulated?
Yes, USDL operates with strict regulatory oversight from the Financial Services Regulatory Authority (FSRA) in the Abu Dhabi Global Market (ADGM). Learn more about regulation here.
Are there fees associated with USDL?
Are there fees associated with USDL?
Are there fees associated with USDL?
What are the assets in USDL’s reserves?
What are the assets in USDL’s reserves?
What are the assets in USDL’s reserves?
How do I redeem USDL for US dollars?
How do I redeem USDL for US dollars?
How do I redeem USDL for US dollars?
What blockchains is USDL on?
What blockchains is USDL on?
What blockchains is USDL on?
How do I create a Paxos International Institutional Account?
How do I create a Paxos International Institutional Account?
How do I create a Paxos International Institutional Account?
GET STARTED
Make your dollars start working for you today
© 2025 Paxos Issuance MENA Ltd. All rights reserved.
Paxos Issuance MENA Ltd (“Paxos International”) is licensed and regulated by the Financial Services Regulatory Authority (“FSRA”) to carry on the Regulated Activity of “Providing Money Services” in the Abu Dhabi Global Market (“ADGM”) under Financial Services Permission No. 220167. Its registered office and principal place of business is at Cloud Suite 203, Level 15, Al Sarab Tower, Abu Dhabi Global Market Square, Abu Dhabi, Al Maryah Island, United Arab Emirates. Paxos International issues USDL only to persons who may be classified as Professional Clients under FSRA rules and only supports redemptions for Retail Clients. Paxos Issuance MENA, Ltd is a wholly owned subsidiary of Paxos Holding LLC, incorporated in Delaware. Complaints regarding USDL can be directed to Paxos International here and the FSRA here.
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GET STARTED
Make your dollars start working for you today
© 2025 Paxos Issuance MENA Ltd. All rights reserved.
Paxos Issuance MENA Ltd (“Paxos International”) is licensed and regulated by the Financial Services Regulatory Authority (“FSRA”) to carry on the Regulated Activity of “Providing Money Services” in the Abu Dhabi Global Market (“ADGM”) under Financial Services Permission No. 220167. Its registered office and principal place of business is at Cloud Suite 203, Level 15, Al Sarab Tower, Abu Dhabi Global Market Square, Abu Dhabi, Al Maryah Island, United Arab Emirates. Paxos International issues USDL only to persons who may be classified as Professional Clients under FSRA rules and only supports redemptions for Retail Clients. Paxos Issuance MENA, Ltd is a wholly owned subsidiary of Paxos Holding LLC, incorporated in Delaware. Complaints regarding USDL can be directed to Paxos International here and the FSRA here.
Cookie Policy | Privacy Policy | Cookie Manager


GET STARTED
Make your dollars start working for you today
© 2025 Paxos Issuance MENA Ltd. All rights reserved.
Paxos Issuance MENA Ltd (“Paxos International”) is licensed and regulated by the Financial Services Regulatory Authority (“FSRA”) to carry on the Regulated Activity of “Providing Money Services” in the Abu Dhabi Global Market (“ADGM”) under Financial Services Permission No. 220167. Its registered office and principal place of business is at Cloud Suite 203, Level 15, Al Sarab Tower, Abu Dhabi Global Market Square, Abu Dhabi, Al Maryah Island, United Arab Emirates. Paxos International issues USDL only to persons who may be classified as Professional Clients under FSRA rules and only supports redemptions for Retail Clients. Paxos Issuance MENA, Ltd is a wholly owned subsidiary of Paxos Holding LLC, incorporated in Delaware. Complaints regarding USDL can be directed to Paxos International here and the FSRA here.
Cookie Policy | Privacy Policy | Cookie Manager

