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Layer2 Network Arbitrum's Native Stablecoin Officially Launched
Today, Ethereum Layer2 expansion network Arbitrum announced the official issuance of its native stablecoin ARB USD. This stablecoin will maintain a 1:1 peg to the US dollar through an on-chain over-collateralization mechanism, enabling users to achieve fast and low-cost transfers and payments within the Arbitrum ecosystem, while also providing lower slippage liquidity support for DeFi protocols. Arbitrum officials stated that the first week of ARB USD's launch will initiate liquidity mining incentives, allowing users to deposit stablecoins into partner DEXs to earn additional ARB token rewards. #CZ币安广场AMA #Precious Metals Shock
Today, Ethereum Layer2 expansion network Arbitrum announced the official issuance of its native stablecoin ARB USD. This stablecoin will maintain a 1:1 peg to the US dollar through an on-chain over-collateralization mechanism, enabling users to achieve fast and low-cost transfers and payments within the Arbitrum ecosystem, while also providing lower slippage liquidity support for DeFi protocols. Arbitrum officials stated that the first week of ARB USD's launch will initiate liquidity mining incentives, allowing users to deposit stablecoins into partner DEXs to earn additional ARB token rewards. #CZ币安广场AMA #Precious Metals Shock
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