Paxos launches yield Stable CoinwUSDL in the Injective ecosystem

Odaily Planet Daily News According to X platform, Injective announced the launch of a profitable Stable Coin Wrapped Lift Dollar (wUSDL) in the Injective ecosystem. Users can use this new Stable Coin in Injective's Decentralized Finance protocol suite and earn profits by holding the asset. wUSDL is a wrapped version of USDL on Ethereum, which is pegged to the US dollar at a 1:1 ratio.