PANews October 17 news, according to DeFiprime, the Arbitrum Foundation opened the Stablecoin Growth Program on October 15 to protocols with stablecoin balances of no less than $1 million, requiring selected teams to make USDG their primary stablecoin on Arbitrum One. The program has a 2 million ARB reward pool; the first 10 teams to achieve a 30-day average USDG balance of $10 million can each receive up to 200,000 ARB (capped at $200,000). The reward pool is valid until December 31, 2027, and each participant may claim only once. Selection is at the Foundation's sole discretion and requires completion of KYC/AML; final agreements may include exclusivity clauses requiring exclusive deployment of the protocol and token on Arbitrum. As of October 17, USDG circulating supply on Arbitrum is approximately $33.6 million.
Arbitrum launches USDG stablecoin growth program with a 2 million ARB reward pool.
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