Paxos has launched Wrapped Lift Dollar (wUSDL), a yield-bearing stablecoin, on the Injective network. This new addition allows users to earn yield from treasury bills and cash equivalents while leveraging the stablecoin across DeFi protocols. wUSDL can be unwrapped at any time to convert it back to USDL on Ethereum.

Source: https://Blockchain.News/news/paxos-launches-yield-bearing-stablecoin-injective-network