DeFi· ★★★· bullish·

Paxos Launches USDG Stablecoin on Arbitrum

  • —USDG market cap exceeded $30 million one day after launch
  • —USDG joined the Global Dollar Network with Robinhood and Kraken
  • —Launch aims to boost liquidity and DeFi activity on Arbitrum
Why it matters: A Paxos stablecoin backed by major partners could deepen liquidity and trading volumes across the Arbitrum ecosystem.
#USDG#ARB
Source: Coinfomania
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