#ARBUSDT token is the native asset of the Arbitrum ecosystem.

​Function: ARB is primarily a governance token for the Arbitrum DAO (Decentralized Autonomous Organization).

​Governance: Holders of ARB can vote on proposals that determine the future of the network, such as protocol upgrades and how treasury funds are allocated.

​Note: Unlike some other tokens, ARB is not used for paying transaction fees on the Arbitrum network; those fees are paid in #ETH (Ethereum).

​ARB/USDT Data (Approximate Current Data):

​Price (ARB to USDT): Approximately $0.19 - $0.20 USDT per #ARB

​Market Cap: Roughly $1.1 - $1.6 billion (placing it within the top 40-90 cryptocurrencies by market capitalization).

​All-Time High (ATH): Approximately $2.39 - $2.42 #USDT (reached in early 2024).