Arbitrum Launches USDG Stablecoin Growth Program with $2 Million ARB Reward Pool

The Arbitrum Foundation launched the Stablecoin Growth Program on October 15, aimed at protocols with stablecoin balances of at least $1 million. Selected teams must designate USDG as their primary stablecoin on Arbitrum One. The program features a $2 million ARB reward pool, with the top 10 teams that increase their 30-day average balance of USDG to $10 million each eligible for up to $200,000 ARB (capped at $200,000). The reward pool is valid until December 31, 2027, and each participant can only claim once. Selection is at the discretion of the foundation and requires completion of KYC/AML; the final agreement may include exclusive terms related to the exclusive deployment of protocols and tokens on Arbitrum. As of October 17, the circulating supply of USDG on Arbitrum is approximately $33.6 million.

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