CryptoCoinDeskabout 2 hours ago
Arbitrum Joins Paxos-Led Global Dollar
2 min read
Arbitrum joins the Paxos-led Global Dollar Network on Tuesday, launching its USDG stablecoin across DeFi protocols like Morpho and GMX. The move aims to capture economics from the network's $3.8 billion in stablecoins, with Circle's USDC representing roughly 60%. A governance proposal seeks to add 100 million ARB to the DRIP incentive program to support liquidity.
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