Paxos Expands Product Suite to Ethereum Layer-2 Network Arbitrum, Marking First $ARB Integration

Sep 10, 2024, 01:19 PM

Stablecoin issuer Paxos is expanding its suite of products to the Ethereum layer-2 scaling network Arbitrum. This marks the first time Paxos has integrated with an Ethereum L2 network, specifically $ARB. The expansion, highlighted by a release, aims to enhance liquidity and globally attract leading platforms to the Arbitrum ecosystem. The collaboration between Paxos and Arbitrum is expected to bring significant advancements to the network's applications.