Arbitrum Account Highlights Rising Stablecoin Inflows on the Network

The @arbitrum account highlighted rising stablecoin inflows to the network. Stablecoins play a key role in decentralized finance (DeFi), where they are used across trading and other applications.

Arbitrum is an Ethereum layer-2 network designed to speed transactions and reduce costs.

An earlier 24-hour snapshot showed Arbitrum’s stablecoin market capitalization increased by $43.6 million, a separate measure from inflows. The earlier 24-hour market-cap increase tracks a change in capitalization, not an inflow total.