Arbitrum Bolsters USDC Support for Ondo Perps Operations

Arbitrum has introduced USDC as collateral support for Ondo Perps operations on its network. This move brings tokenized stock and commodity derivatives closer to Arbitrum's ecosystem.

Ondo Perps has reached a trading volume of $5 billion with an open position of $60 million, according to available data.

This development allows users to fund their positions directly using USDC balances on the $ARB network, making transactions more efficient and streamlined.