Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
Home»CRYPTO NEWS»Coinshift Launches CsUSDL, Announces Strategic Partnership
CRYPTO NEWS

Coinshift Launches CsUSDL, Announces Strategic Partnership

By Crypto FlexsNovember 21, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Coinshift Launches CsUSDL, Announces Strategic Partnership
Share
Facebook Twitter LinkedIn Pinterest Email

Abu Dhabi, UAE, November 21, 2024, Chainwire

Coinshift, a prominent player in on-chain financial management, has launched csUSDL, a liquid lending token (LLT) designed to optimize reward opportunities, security, and transparency for both individual and institutional investors. This announcement follows the launch of the new Coinshift Business, which integrates payment and accounting services provided free of charge to DAOs and on-chain businesses.

Coinshift’s first innovative government bond product is backed by USDL, a next-generation RWA-backed stablecoin issued by Paxos International. Known for delivering returns directly to users, USDL’s unique features include ADGM’s FSRA compliance, transparency supported by monthly audit reports, and reserves held in U.S. Treasury securities and cash equivalents.

csUSDL builds on Paxos’ expertise honed in major RWA projects such as PayPal’s stablecoin PYUSD and connects to DeFi borrowing and lending protocols, providing additional potential rewards to users.

Coinshift’s new LLT is built on Morpho, an emerging category leader whose non-custodial protocol allows csUSDL to benefit from high lending yields and competitive lending rates without the need for intermediaries. Deposits for Morpho’s core products exceed $2 billion in cryptocurrency assets.

In addition to a strong network of strategic partners, the csUSDL vault is managed by Steakhouse Financial. Stablecoin experts are working with leading on-chain companies and DAOs such as Lido and Arbitrum, as well as MakerDAO, to advise token holders on the management of USDS’ $2 billion Treasury program.

“No person or organization should have to compromise between stablecoin features such as reward rates or compliance,” said Tarun Gupta, Coinshift founder and CEO. “With csUSDL, we have found a way to leverage the full potential of the blockchain ecosystem: security, transparency, self-custodial, and interoperability. Users no longer have to choose between liquidity and yield.”

csUSDL is fully integrated with the wider DeFi ecosystem. Users will have the opportunity to access token incentives from Coinshift, Morpho, and other partners. Future plans include enabling users to improve their earning potential through strategies on some DeFi platforms.

The new LLT will be accessible through Coinshift’s platform, reflecting the company’s ongoing commitment to superior user experience and thoughtful design. “Now is the new era of safe and liquid lending,” says Gupta.

According to Coinshift’s predictions, csUSDL holders could earn returns of up to 10% per year. Driven by token rewards and DeFi and partner programs, the potential APY could far exceed this figure, proportional to the engagement and risk profile of individual users, the company says.

Coinshift’s stated mission is to bring the value of RWA to DeFi, fostering sustainable, long-term growth for its users. “We believe csUSDL will become an essential component of financial strategies for enterprises and DAOs,” the CEO adds.

Users can discover csUSDL at coinshift.global.

Introduction to CoinShift

Since 2021, Coinshift has managed $1 billion in safe accounts and helped organizations support $1 billion in payments. As a leader in on-chain treasury management, Coinshift’s business platform is used by more than 300 organizations, including Aave, Starknet, Gitcoin, UMA, and Zapper. Through csUSDL, Coinshift brings its DeFi and RWA vision and expertise to individuals and institutions, empowering all users to control their capital and maximize their potential returns.

Coinshift supports investments from Tiger Global, Sequoia, ConsenSys, and Polygon.

contact

Business Manager
tom albrecht
Coin Shift
tom@multisafe.finance

Coinshift Launches csUSDL, Announces Strategic Partnerships

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

How To Turn $100 Into $1,000,000 In 2025

June 25, 2025

Neo Pepe $NEOP Presale Passes $2M Raised With Stellar CertiK Audit

June 25, 2025

Zama Raises $57M In Series B To Bring End-to-End Encryption To Public Blockchains

June 25, 2025
Add A Comment

Comments are closed.

Recent Posts

How To Turn $100 Into $1,000,000 In 2025

June 25, 2025

Neo Pepe $NEOP Presale Passes $2M Raised With Stellar CertiK Audit

June 25, 2025

Encryption Inheritance Update: June 2025

June 25, 2025

Zama Raises $57M In Series B To Bring End-to-End Encryption To Public Blockchains

June 25, 2025

Gelato And Morpho Partner To Offer Embedded Crypto-Backed Loans For Wallets, Brokers, And Fintech Apps

June 25, 2025

Magic Newton Foundation Redefines Fair Token Launches With $NEWT

June 25, 2025

Like the initial Cardano, a way to reach $ 300 for Loy tokens more than $ 450K

June 25, 2025

AIXA Miner 2025 | AI-Driven Dogecoin Cloud Mining For Stable Daily Passive Income

June 24, 2025

Stably Introduces Stablecoin Development & Advisory Services For Institutions & Enterprises

June 24, 2025

Senior Trader Uses XRP To Start Bitcoin (BTC) Mining Machine, Earning $8,857 A Day

June 24, 2025

WF Holding Ltd Announces Entry Into The Digital Cryptocurrency Field

June 24, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

How To Turn $100 Into $1,000,000 In 2025

June 25, 2025

Neo Pepe $NEOP Presale Passes $2M Raised With Stellar CertiK Audit

June 25, 2025

Encryption Inheritance Update: June 2025

June 25, 2025
Most Popular

Essential Reading for Crypto Builders and Entrepreneurs in 2024

September 10, 2024

Layer 2 network siphoning activity has pushed Ethereum transaction fees to record lows.

May 11, 2024

Massive $29.3 Million Whale Trade Threatens XRP Prices with More Selling Pressure

February 8, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.