Trusted Partners
Coinshift collaborates with institutional partners that provide unmatched expertise and infrastructure: Paxos International, Steakhouse Financial and Morpho Protocol.
Steakhouse Financial is an institutional-grade risk manager with extensive experience working with leading DAOs and financial entities such as Lido and MakerDAO. Specializing in low-risk stablecoin and RWA strategies, they manage MakerDAO’s $2 billion RWA program, establishing them as a trusted, conservative leader in risk management. Their rigorous approach ensures csUSDL’s asset allocation is secure and optimized, making it a reliable and yield-bearing product that meets the stringent requirements of institutional investors while remaining suitable for individuals.
Coinshift has partnered with Paxos International, the issuer of Lift Dollar (USDL), a regulated stablecoin backed by T-Bills and cash equivalents. Paxos is already trusted as the issuer behind prominent projects like PYUSD for PayPal and Stripe’s Pay, underscoring its proven compliance and stability. USDL distributes up to 5% yield generated from its reserves to eligible holders, providing a robust foundation for csUSDL’s yield potential. With regulation by the Financial Services Regulatory Authority (FSRA) in the Abu Dhabi Global Market (ADGM) and transparent monthly audited reports, Paxos enhances csUSDL’s credibility and makes it an attractive choice for institutional investors looking for stability and compliance in their portfolios.
3. Morpho
Coinshift has deeply integrated Morpho, an innovative lending protocol known for its efficient peer-to-peer lending model. With over $2 billion supplied through its platform, Morpho enables csUSDL to engage in secure, over-collateralized lending against blue-chip assets including wstETH and WBTC. This integration maximizes yield opportunities while minimizing risk, offering full transparency and control over asset utilization. Morpho’s design, validated by more than 15 extensive audits, aligns with Coinshift’s vision of creating a secure, high-quality, institutional-grade product that meets the expectations of large-scale investors.
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