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Coinshift’s Yield Token Surges to $113M Just 4 Months After Launch

Summary by observers.com
Coinshift’s yield-bearing stablecoin, csUSDL, has quickly crossed $113 million in total value locked, according to the company’s latest announcement. The token is built on top of USDL, a fully backed and FSRA-regulated stablecoin issued by Paxos International. It is live on Ethereum and already integrated across several major DeFi protocols, including Morpho, Pendle, Gearbox, and others.csUSDL TVL and Estimated APY, source: conishift.globalcsUSD…
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observers.com broke the news in on Saturday, May 24, 2025.
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