Arbitrum adopts Paxos USDG as ecosystem stablecoin
Paxos-issued Global Dollar stablecoin went live on Arbitrum One with support from Fluid, Morpho, GMX, Maple and Kraken. A proposal asks ArbitrumDAO to add 100 million ARB to an incentive program. USDG market cap has grown 340% over the past year to $3.2 billion.
