Arbitrum Adopts Paxos' USDG as Its Ecosystem Dollar

4 outlets reporting

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100M ARB

proposed incentives

$ARB

$0.2008

-2.5%

$USDG

$3.17B mcap

The stablecoin goes live on Arbitrum One with Fluid, Morpho, GMX, Maple and Kraken behind it. A proposal published the same day asks ArbitrumDAO to add 100 million ARB to an incentive program that still has about 63.7 million ARB unspent