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Ethereum

Arbitrum launches $2 million ARB rewards for USDG adoption as token nears breakout

Image: CoinTurk News

Arbitrum has initiated the USDG Growth Program, introducing a $2 million ARB incentive designed to encourage increased use of USDG stablecoins within decentralized applications on its blockchain platform. The announcement comes as ARB trades around $0.173, with the token showing signs of consolidating near a critical technical breakout level. According to Arbitrum, any application maintaining at least $1 million in stablecoin balances can apply to join the Stablecoin Growth Program if it adopts USDG as its primary stablecoin. The program emphasizes performance-driven rewards, dedicated ecosystem support, and financial incentives for developers who meet predefined liquidity thresholds. A total prize pool of 2 million ARB is available, reserved for the top 10 teams that achieve $10 million in total value locked (TVL) denominated in USDG.

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