PANews reported on May 17 that data from DeFiLlama showed that Coinshift's yield-based stablecoin clUSDL has exceeded $100 million in total locked value (TVL) just four months after its launch in January this year. clUSDL is built on Ethereum, earning income through on-chain lending and U.S. Treasury bond exposure and built on USDL, a stablecoin issued by Paxos International and regulated by Abu Dhabi.
clUSDL stablecoin TVL exceeds $100 million
Share to:
Author: PA一线
This content is provided for informational purposes only and does not constitute investment advice.
Follow PANews official accounts, let's navigate bull and bear markets together
Recommended Reading
Pioneer's View: Crypto Celebrity Interviews
Exclusive interviews with crypto celebrities, sharing unique observations and insights
PAData: Web3 in Data
Data analysis and visualization reporting of industry hot spots
Memecoin Supercycle: The hype around attention tokenization
From joke culture to the trillion-dollar race, Memecoin has become an integral part of the crypto market. In this Memecoin super cycle, how can we seize the opportunity?
AI Agent: A Journey to Web3
The AI Agen innovation wave is sweeping the world. How will it take root in Web3? Let’s embark on this adventure together!