What is 1 arbitrum in USDT?

1 ARB equals 1.09 USDT. The current value of 1 Arbitrum is +0.98% against the exchange rate to USDT in the last 24 hours. The current Arbitrum market cap is $1.40B and the Tether market cap is $86.41B. Create a free Kraken account to instantly convert ARB to USDT today. You can trade ARB on Kraken with as little as $10.

What is arbitrum & ARB?

Arbitrum is a rollup chain that enables faster and cheaper transactions on Ethereum, while its native token ARB is used for transaction fees and governance. With the increasing demand for Ethereum-based applications and transactions, rollup chains like Arbitrum are becoming increasingly important for improving the scalability of the network.

What is the purpose of the arbitrum token?

The utility of the ARB token is to enable decentralized governance of the Arbitrum ecosystem. ARB holders govern the Arbitrum network by voting on governance proposals for the Arbitrum One and Arbitrum Nova chains.

What is the fully diluted valuation of arbitrum (ARB)?

The fully diluted valuation (FDV) of Arbitrum (ARB) is $11,667,651,881. This is a statistical representation of the maximum market cap, assuming the maximum number of 10 Billion ARB tokens are in circulation today.