Arbitrum Settles More Than 2.4 Billion Lifetime Transactions

Arbitrum has settled more than 2.4 billion lifetime transactions, while lending of Global Dollar (USDG) on Morpho reached $44 million in total value locked on the Ethereum layer-2 network. The transaction count covers activity across Arbitrum’s history. It does not show whether recent transaction activity is rising. Morpho lending was available from the time Paxos launched USDG on Arbitrum One on Oct. 6. The $44 million figure is for USDG lending on Morpho’s Arbitrum market, separate from the network’s lifetime transaction tally. Simon Yoon reports on blockchain technology for TokenPost. Send corrections or tips to info@tokenpost.com.

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