Paxos Expands to Arbitrum, Boosting Ethereum Layer 2 Ecosystem

Paxos is launching its stablecoins on Arbitrum One, bringing more services to Ethereum's Layer 2 network. Key points: Paxos enters Arbitrum One: Expands into Ethereum's Layer 2. Specific products not revealed: No clear details on the first launch. Arbitrum One has $2.5B TVL: A major player in Layer 2 solutions. Stablecoins available on other chains:... source: https://milkroad.com/news/paxos-expands-to-arbitrum/