Arbitrum adopts Paxos’ USDG as ecosystem dollar with DeFi support

Arbitrum has picked a dollar. Paxos launched USDG, its Global Dollar stablecoin, with native issuance on Arbitrum One on October 6, 2026. It did not arrive alone. Fluid, Morpho, GMX and Maple integrated it on day one, Kraken lined up exchange support, and roughly 7 million ARB in incentives came along for the ride. What actually launched The key word in this rollout is native. USDG is being issued directly on Arbitrum One rather than ported over from another network. The goal, based on the launch design, is for USDG to serve as a core settlement and liquidity asset across Arbitrum’s DeFi apps. The integrations span lending, perpetual trading and decentralized exchange activity, so the stablecoin is meant to function as collateral and as the unit trades settle in. GMX is running a launch boost program focused on USDG liquidity pools. The program is expected to deliver APRs of more than 8% on specific USDG-paired pools during the first eight weeks. On top of that, approximately 7 million ARB has been set aside to encourage use of USDG inside the Arbitrum ecosystem. The stablecoin behind the launch USDG is not a newcomer looking for a first home. It had already been deployed on severa...