📢 Breaking news from the world of crypto and blockchain!

🔹 Paxos is integrating with Arbitrum to expand its presence in the Ethereum ecosystem and facilitate institutional adoption of real-world assets on the blockchain.

🔹 This is Paxos’ first integration with a layer-2 network, highlighting their commitment to expanding institutional use.

🔹 Launched in 2021, Arbitrum has already raised over $2.5 billion and has over 520,840 active addresses and nearly 700 dapps.

🔹 According to Arbitrum’s Luc Xiao, Paxos plans to bring its stablecoin issuance and tokenization platform to Arbitrum.

🔹 Importantly, this announcement follows the conclusion of the SEC’s investigation into Paxos over its Binance USD stablecoin.

💬 Share your thoughts in the comments! Do you think this will impact the crypto market?