Odaily Planet Daily News: DeFiLlama's data shows that Coinshift's yield based stablecoin clUSDL has exceeded $100 million in total locked value (TVL) just four months after its launch in January this year, indicating a growing demand for fiat linked assets that provide passive income through decentralized financial protocols. ClUSDL is based on Ethereum, which earns income through online lending and US treasury bond bond exposure and is built on USDL, a stable currency issued by Paxos International and supervised by Abu Dhabi. (The Block)