Paxos has launched its USDG stablecoin, valued at approximately $3 billion, on the Arbitrum network. With about $4 billion in stablecoins currently held on Arbitrum, USDG becomes the seventh-largest stablecoin by market capitalization, with approximately $3.09 billion in circulation. Most of USDG’s supply is concentrated on X Layer, Robinhood Chain and Solana. Standard Chartered forecasts tokenized assets to reach $4 trillion by the end of 2028, with Arbitrum among the potential beneficiaries and ARB potentially reaching $10 by 2030.
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