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The Arbitrum Foundation announced a 2 million ARB incentive program to expand the USDG stablecoin ecosystem.
The Stablecoin Growth Program targets protocols with at least $1 million in stablecoin balances and is designed to encourage participating projects to adopt USDG as a core stablecoin on Arbitrum One. The foundation plans to award up to 200,000 ARB each to the first 10 projects whose 30-day average USDG balance reaches $10 million. Eligible categories include decentralized exchanges, lending and borrowing protocols, yield products and vaults, and payment and settlement protocols. Applicants must already be operating on Arbitrum One or plan to deploy on the network, and must have completed a third-party security audit.