CoinsAQ summary · neutral
Arbitrum adopts Paxos’ USDG as ecosystem dollar with DeFi support
What happened
The regulated stablecoin launches natively on Arbitrum One with backing from Fluid, Morpho, GMX, Maple and Kraken, plus roughly 7 million ARB in incentives Arbitrum has picked a dollar. Paxos launched USDG, its Global Dollar stablecoin, with native issuance on Arbitrum One on.
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