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Paxos Launches $3B USDG Stablecoin on Arbitrum

Paxos-issued stablecoin Global Dollar (USDG) has launched on Arbitrum, integrating with DeFi protocols like Fluid and Morpho. This launch expands the Global Dollar Network to the Arbitrum blockchain.

ARBUSD

Paxos-issued stablecoin Global Dollar (USDG) has launched on Arbitrum, as the blockchain joins the Global Dollar Network. According to an announcement shared with Cointelegraph, USDG is natively issued on Arbitrum One, with integrations across decentralized finance protocols including Fluid and Morpho.