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The total lock-up position (TVL) of Coinshift's yield-bearing stablecoin csUSDL has surpassed 100 million USD.
Coinshift announced that its institutional yield-bearing stablecoin csUSDL has surpassed a total lock-up position (TVL) of 100 million USD. csUSDL combines the returns of U.S. Treasury bonds with on-chain lending yields, achieving real-time on-chain yield accumulation through the Morpho protocol, receiving a Credora A+ risk rating, with major institutional users including GSR, Amber Group, and others. Additionally, Coinshift has added the PAXG/wUSDL market to the Coinshift USDL treasury on Morpho.