why $USDG on @Arbitrum is bullish $ARB in short: Arbitrum recieves stablecoin rewards/economics from @global_dollar for building up TVL in $USDG > a portion goes to the treasury > a portion of those rewards would be passed on to some of the protocls on Arb One so knowing that Arbitrum One currently has over $3.8b in stablecoin TVL, assuming $USDG captures atleast, let's say 10% of that, we could see revenue upwards of $11m annually if you assume an APR of 3% (a portion of that going to the treasury) this would be yet another additional line of revenue beyond the AEP fees (just robinhood rn), tx fees, PGA/FF fees, and yield from the treasury it's literally day 0 so I don't think it's worth gassing up the rev numbers yet, but the opportunity is massive so bullish $ARB bc: > growth trajectory of the platform increases substantially > the treasury likely ends up getting bigger + more diverse the monetization of stablecoin growth will be bigger than most people on CT realize tbh