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Ethereum

Arbitrum Foundation Launches Stablecoin Growth Program to Reward USDG Adoption

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Arbitrum Foundation announced the launch of the Arbitrum Stablecoin Growth Program , an initiative designed to incentivize DeFi protocols to adopt USDG as their primary stablecoin on the network. The program targets projects holding at least $1 million in stablecoin balances , with live products and audited smart contracts. Participants must commit to using USDG as their primary asset and moving at least $1 million in total value locked (TVL) into the stablecoin. The foundation has established a 2 million ARB prize pool . The first ten teams to reach $10 million in USDG TVL , measured as a 30-day average, will each receive 200,000 ARB . Selected projects may also qualify for performance-based incentives, technical assistance, marketing resources, and introductions to other participants in the Arbitrum ecosystem.

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