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Arbitrum joins Paxos-led Global Dollar Network as USDG lands on Ethereum L2

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Arbitrum is joining the Global Dollar Network, the Paxos-led stablecoin consortium behind USDG, as the Ethereum layer-2 network looks to capture a slice of the economics from the stablecoins already circulating on its rails. USDG has launched on Arbitrum on Tuesday with.

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