Hassan Maishera
The Arbitrum team announced via Twitter on Monday that Binance, the world’s largest cryptocurrency exchange, now supports the deposit and withdrawal of Arbitrum’s native USDC stablecoin. The team later informed its community members that Binance would open withdrawals for USDC on the Arbitrum One network once there are sufficient deposits.
Arbitrum is a suite of scaling solutions on Ethereum that utilize Optimistic Rollup. It allows users to enjoy faster speed and cheaper transaction costs when interacting with web3 dApps. ARB, the native coin of the Arbitrum network, is up by more than 3% today and is trading at $1.0109.
