Arbitrum’s Token ARB Skyrockets as PayPal Strikes Gold with $850M Stablecoin Scheme!

What You Should Lose Sleep Over:

Our favorite little coin, Arbitrum’s ARB, is out here snagging attention as whispers turn into roars about its potential role in the grand circus that is PayPal’s stablecoin, PYUSD. 🎪
PayPal’s fine print now includes Arbitrum in their cryptocurrency terms, rubbing shoulders with the likes of Ethereum and Solana. Who knew they had such prestigious company? 😏
ARB’s price shot up by a stunning 7.7% in just 24 hours! Even Bitcoin and Ethereum couldn’t keep up—not bad for a token that sounds like it belongs in a sci-fi novel! 📈

Now, for the Gritty Details:

SOLSOL$167.19◢3.71%

XLMXLM$0.4762◢4.48%

On this fine Wednesday, Arbitrum’s ARB decided to play a game of leapfrog as rumors flew about its upcoming partnership with PayPal’s stablecoin PYUSD, much like a dog chasing two squirrels simultaneously. 🐕💨

In a move that could only be described as “last-minute inclusion,” Arbitrum has made it onto PayPal’s esteemed list of supported chains for PYUSD—sitting beside Ethereum and Solana like a kid who’s just been invited to the popular kids’ table.

“PYUSD is issued by Paxos, not PayPal,” the legalese can be found gracing the pages of every lawyer’s dream. But let’s be honest—who actually reads that? 🤷‍♂️

In the grand performance of the crypto world, ARB has taken the lead with a stunning 7.7% increase, embarrassing the likes of Bitcoin and Ethereum, who probably need a moment to recollect themselves and explore their feelings. 😅

Curiously, CoinDesk did reach out to the wise folk at PayPal and Paxos for a bit of insight, but evidently, the ever-elusive Stellar blockchain didn’t quite make the cut on their terms. Perhaps it just wasn’t trendy enough? 🤔

In a delightful twist, Robinhood also said, “Hey, let’s pick Arbitrum,” and decided to go ahead with its tokenized equity again. Looks like our little gem is picking up steam. 🚀

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