Arbitrum Orbit Chain Users To Pay Gas Fees Using USDC: Why Is ARB Down 80%?
๐ Exciting news from Arbitrum Orbit Chains! ๐ Now, users can pay gas fees using USDC, one of the top stablecoins with over $34.5 billion minted. This integration aims to slash fees and attract more developers to Ethereum's layer-2 ecosystem.
๐ Why USDC? It's stable, pegged to the dollar, ensuring predictable gas costs amidst Ethereum's volatile fee landscape. No more worrying about fluctuating ETH prices! This move could boost user experience and adoption on Arbitrum's orbit chains significantly.
๐ Meanwhile, ARB, Arbitrum's native token, faces tough times with an 80% drop from its January highs. Despite this, initiatives like Circle's grant program for Orbit projects signal continued growth potential.
๐ Will this integration help ARB regain momentum? Stay tuned for updates as the crypto market evolves! ๐๐ธ
