USDL will be backed 1:1 by liquid US Government Securities and cash equivalent reserve assets being held per the requirements of the ADGM’s Financial Services Regulatory Authority. Paxos International will charge an issuer fee for the token instead of earning interest on the reserves. The USDL stablecoin will also be available in Argentina through Ripio, Buenbit, Manteca, and Plus Crypto. Paxos hailed USDL as the first interest-bearing, regulated stablecoin. Stablecoin owners generally earn interest through yield farming, staking, and restaking.