USDL is not available to residents of the US and certain other countries. Please refer to the Terms and Conditions here for more information.
transparency
USDL attestations
Attestation reports are issued by Crowe Mak, an independent third-party accounting firm. This examination is conducted in accordance with standards established by the International Auditing and Assurance Standards Board (ISAAB)*
Examination standards meet the requirements set by USDL's prudential regulator, the Financial Services Regulatory Authority (FSRA) of the ADGM.
USDL yield structure and fees illustration
Yield generated by USDL reserves
Example of potential trailing 7-day average of yield generated by USDL's cash and cash equivalent reserves. Learn more about reserve assets here.
Management fee
Paxos International retains a 0.30% fee to manage USDL's reserves.
Distribution fee
Paxos International retains an additional 0.2% fee to promote USDL and pay platforms that list it.
USDL APY rate
Net yield earned by USDL token holders on a daily basis.
*Rates subject to change, all numbers for illustrative purposes. Annual Percentage Yields (APY) are variable and effective as of 09/25/24. See our homepage for the latest trailing 30 day average APY.
The safety and stability of Paxos International
Highest industry standards
USDL is issued by Paxos International which is regulated by the Financial Services Regulatory Authority (FSRA) in Abu Dhabi Global Market (ADGM) ensuring the highest standards of customer protection.
1:1 redemption
USDL reserves are held 100% in cash and cash equivalents, meaning customer funds are always available for 1:1 redemption.
Asset Protection
Assets are held in reserve accounts under the protection and custody requirements of the Financial Services Regulatory Authority (FSRA), to remain safe and accessible at all times.