Market News / Story
Arbitrum DAO Weighs 100 Million ARB Push To Make USDG A Core Stablecoin
NewsBTC ·
NewsBTC reports: TL;DR: Arbitrum has joined Paxos’ Global Dollar Network, and a new DAO proposal asks the community to back USDG as a strategic stablecoin for the ecosystem. The plan includes adding 100 million ARB to the DRIP incentive budget to support liquidity, integrations and adoption. Arbitrum is considering one of its largest coordinated stablecoin incentive pushes yet. A governance proposal published this week asks the DAO to make Paxos-issued USDG a core strategic initiative…