Arbitrum Adopts Paxos USDG as Official Ecosystem Stablecoin

Key Facts

Arbitrum has adopted Paxos' USDG stablecoin as its official ecosystem dollar to enhance DeFi liquidity and stability. Crypto Briefing reported that the native issuance on Arbitrum One launched on October 6, 2026, aiming to establish USDG as a primary settlement and liquidity asset across the network's decentralized applications.

The integration is supported by major entities including Kraken, GMX, and Morpho, with approximately 7 million ARB tokens allocated as incentives to drive adoption. USDG operates under the oversight of the Monetary Authority of Singapore and the EU's MiCA framework, maintained by a 1:1 backing with US dollar cash and equivalents.