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Easily convert ARB to USTC with ConvertOnline's efficient tool.
Arbitrum (ARB) is a layer 2 scaling solution designed to enhance the Ethereum blockchain's transaction throughput and efficiency. By utilizing optimistic rollups, Arbitrum allows for faster and cheaper transactions while maintaining the security and decentralization of the Ethereum network.
TerraClassicUSD (USTC) is an algorithmic stablecoin originally part of the Terra blockchain ecosystem, designed to maintain a stable value pegged to the US dollar. It aimed to facilitate seamless transactions and decentralized finance (DeFi) applications by providing a stable medium of exchange and a unit of account within the Terra network.