đ ARB Soars as PayPalâs $850M PYUSD Stablecoin Adds Arbitrum to Its Roster
PayPal just handed Arbitrum a golden ticketâinclusion in its $850M PYUSD stablecoin ecosystem. The market wasted no time pricing in the news, sending ARB on a tear.
Why it matters: When legacy finance giants like PayPal embrace layer-2 solutions, it's not just validationâit's rocket fuel for adoption. The move signals institutional comfort with scaling solutions beyond Ethereum mainnet.
The fine print: While traders cheer the pump, skeptics note PayPal's history of freezing funds 'for compliance reasons.' Some things never changeâeven in DeFi's wild west.
Bottom line: Arbitrum's tech just passed its biggest stress test yet: surviving contact with traditional finance. The chain's TVL and token price are reaping the rewardsâfor now.