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BREAKING: Desperate Stablecoin Loser Adds New ‘Feature’ in Last-Ditch Attempt to Scare Up Some Interest!

A desperate stablecoin is shown clinging to a sinking ship with its last lifeline being an anchor labeled 'Arbitrum' as waves of competition from rival coins crash against it.

The never-ending saga of Circle’s attempts to prop up its dying stablecoin, USDC. Because what every blockchain ecosystem really needs is a token backed by nothing more than hot air and delusional marketing.

Source: cointelegraph

Circle Internet Financial, the manager of dollar-backed stablecoin US Dollar Coin (USDC), has integrated layer-2 scaling chain Arbitrum into its Web3 infrastructure platform, according to a Sept. 12 blog post. The Web3 platform brings USDC-centric programmable wallets, smart contract tooling, and gas-fee abstraction to Arbitrum, the blog post said. With total value locked (TVL) of around $2.5 billion, Arbitrum is Ethereum’s (ETH) largest layer 2, according to DefiLlama. Nikhil Chandhok, […]

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