Paxos Stablecoin USDL On Arbitrum Opens Up Several Potential Use Cases
The Arbitrum Layer 2 network is now home to Paxos International’s yield-bearing stablecoin, Lift Dollar (USDL). With this expansion, the Arbitrum ecosystem will open for users and developers. The purpose is to offer fast transactions and inexpensive means of gaming, social applications, and decentralized finance (DeFi). Integrating USDL will boost Arbitrum’s robust DeFi environment. Users…