Arbitrum (ARB) is now listed in the Crypto.com App, joining the growing list of 250+ supported cryptocurrencies and stablecoins, including Bitcoin (BTC), Ether (ETH), Polkadot (DOT), Chainlink (LINK), VeChain (VET), USD Coin (USDC), and Cronos (CRO).
Arbitrum is a layer 2 solution designed to scale Ethereum. They aim to increase Ethereum’s speed and scalability, while still keeping it cost efficient. Apart from being easy to use, Arbitrum has high EVM compatibility and robust developer tooling, making it easy to develop on. The ARB token will be used for governance within the Arbitrum DAO where token holders will be able to participate in decentralised governance decisions which will be automatically executed on-chain once passed.
Crypto.com App users can now purchase ARB at true cost with USD, EUR, GBP, and 20+ fiat currencies, and spend it at over 80 million merchants globally using the Crypto.com Visa Card.
