Current outcome
Entropy opened a temperature-check vote to make Paxos-issued USDG a core strategic initiative of ArbitrumDAO, adding 100 million ARB to the DRIP incentive program and routing Arbitrum Expansion Program fee revenue through the treasury committee into USDG.
Progress timeline
2 material updates- #01
Arbitrum joins Paxos-led stablecoin group Global Dollar to capture digital dollar growth
Arbitrum joined the Paxos-led Global Dollar Network, backing USDG and rolling it out across its DeFi ecosystem with Kraken providing on- and off-ramps, as it seeks a share of stablecoin reserve economics on a chain holding roughly $3.8 billion in stablecoins.
Source evidence: CoinDesk · Cointelegraph · The Defiant · theblockbeats
- #02
【Arbitrum 社区提议追加 1 亿枚 ARB，推动稳定币 USDG 在 Arbitrum 上的采用】
Entropy opened a temperature-check vote to make Paxos-issued USDG a core strategic initiative of ArbitrumDAO, adding 100 million ARB to the DRIP incentive program and routing Arbitrum Expansion Program fee revenue through the treasury committee into USDG.
Source evidence: foresightnews