s/cryptohayesSTABLECOIN LAUNCH•Oct 6
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Paxos’s USDG grew by more than $500 million on Morpho in three months
Paxos’s USDG is now live on Arbitrum One through the Global Dollar Network, giving apps, wallets, and trading platforms launch-day access through LI.FI. The setup also lets Arbitrum and builders share reserve revenue tied to USDG adoption, turning the stablecoin into infrastructure for more than basic transfers.
USDG is being wired into Uniswap liquidity pools, Maple Finance’s syrupUSDG lending product, and Morpho markets for fintechs and enterprises. The launch also connects Arbitrum to Global Dollar Network members including Robinhood, Kraken, and OKX. The source announcement says USDG grew by more than $500 million on Morpho over three months.
USDG is being wired into Uniswap liquidity pools, Maple Finance’s syrupUSDG lending product, and Morpho markets for fintechs and enterprises. The launch also connects Arbitrum to Global Dollar Network members including Robinhood, Kraken, and OKX. The source announcement says USDG grew by more than $500 million on Morpho over three months.
Timeline3
Oct 6
USDG went live on Arbitrum One through the Global Dollar Network.
Oct 6
Uniswap announced USDG support on Arbitrum with StablePair Hook Fees.
Oct 6
Maple Finance launched syrupUSDG on Arbitrum for eligible USDG holders.
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Oct 6