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Which type of application will see the most development on Arbitrum Orbit due to USDC as a gas token by end of 2024?
2
Resolution / Starting Odds
DeFi • 25%
NFTs • 25%
Gaming • 25%
Other • 25%
Development activity data from blockchain analytics platforms or official Arbitrum reports
Story
Arbitrum Partners with Circle to Use USDC as Gas Token on Orbit
Aug 7, 2024, 04:13 PM
Arbitrum, a prominent Ethereum Layer 2 scaling solution, has announced a partnership with Circle to integrate Circle's bridged USDC as a custom gas token on Arbitrum Orbit blockchains. This development allows developers to use USDC for transaction fees, potentially enhancing user experience and enabling new types of applications on the Orbit platform. The move is supported by various stakeholders, including Alchemy Platform, Ankr, and Caldera, who are optimistic about the potential for creating frictionless user experiences. This integration marks a significant step in Orbit's expansion beyond the Ethereum ecosystem, with a focus on improving user-centric services.
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Similar markets
DeFi • 25%
NFTs • 25%
Gaming • 25%
Payments • 25%
Increase in transaction volume • 25%
Increase in number of applications • 25%
Decrease in gas fee volatility • 25%
Enhanced user experience • 25%
Polygon • 25%
Optimism • 25%
Avalanche • 25%
Other • 25%
NFT Transactions • 25%
Gaming • 25%
DeFi Applications • 25%
Other • 25%
Payments for goods/services • 25%
Subscription services • 25%
Peer-to-peer transfers • 25%
Other • 25%
DeFi applications • 25%
Gaming applications • 25%
Supply chain applications • 25%
Other applications • 25%
Liquidity incentives • 33%
Cross-chain interoperability • 33%
Other factors • 34%
North America • 25%
Europe • 25%
Asia • 25%
Other regions • 25%
Payments • 25%
Savings/Investments • 25%
Remittances • 25%
Trading • 25%
Yes • 50%
No • 50%
Payments • 25%
DeFi • 25%
Gaming • 25%
Other • 25%