The @blockworksres team have come out this morning and, in their models, forecast that @arbitrum could make up to 80% mo | Hanami
The @blockworksres team have come out this morning and, in their models, forecast that @arbitrum could make up to 80% more income from the newly launched USDG stablecoin revenue line.
Arbitrum announced its partnership with Paxos' USDG stablecoin just over 1 month ago.
Arbitrum has 5 revenue streams today and most other blockchains have no ability to monetize beyond pure transaction velocity. Stablecoins in the Arbitrum ecosystem now can accrue revenue for the network.
Blockworks says the same, here: "Virtually all blockchains make money from blockspace, while most stablecoin issuers make money from reserves, and very few businesses have exposure to both. With USDG, Arbitrum becomes one of them."
Retweeted by @arbitrum from @itsbrendanma