EconomyArbitrum joins Paxos-led Global Dollar stablecoin group to pursue digital-dollar growth
Ethereum layer-2 network Arbitrum is backing Paxos-issued USDG in exchange for a share of reserve income. New stablecoin alliances are competing for distribution, users and the economics generated by reserves.
Arbitrum joins Paxos-led Global Dollar stablecoin group to pursue digital-dollar growth
Economy