csUSDL
Earn real yield with csUSDL, the institutional-grade stablecoin backed by the world’s most secure onchain assets.
Last updated
Earn real yield with csUSDL, the institutional-grade stablecoin backed by the world’s most secure onchain assets.
Last updated
csUSDL is a self-custodial, institutional-grade stablecoin for treasuries, DAOs, and individuals seeking transparent yield with conservative risk management.
Built on top of USDL — a fully backed, FSRA-regulated stablecoin issued by Paxos International — csUSDL combines real-world yield from U.S. Treasury bills with onchain lending returns via Morpho Blue.
No lockups. No staking. No KYC or KYB. Just hold csUSDL to start earning.
Backed by Regulated Assets: USDL is issued by Paxos and fully backed by T-Bills and cash, under FSRA (Abu Dhabi) regulation.
Instant Yield Access: Users can simply swap into csUSDL and start earning — yield accrues daily balances grow automatically.
Non-Custodial & Permissionless: No KYC, KYB, staking, or lockup required.
ERC-4626 Native: Fully compatible in DeFi, ideal for integrations, looping, or collateral use.
Transparent & Secure: All yield sources are onchain and independently verifiable. USDL reserves are published monthly by Paxos and attested by Withum, a top-tier audit firm.
Deep Liquidity: Curve pools and CowSwap aggregators enable seamless conversion to/from USDC.
Strategic Partners: Collaborations with Paxos International, Steakhouse Financial, and Morpho Protocol ensure that csUSDL benefits from top-tier asset and risk assessment, and lending efficiency.
