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Polkadot Proposes 1 Native Stablecoin in New DAO Governance Vote
Polkadot governance is considering dotUSD, a protocol-native decentralized stablecoin proposed as its primary stable-value instrument. The proposal would create dotUSD on Asset Hub, establish a DOT-dotUSD market and eventually let users mint it against DOT collateral.
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Polkadot jumped 16.7% in one session and 42.5% in the course of the week, dragging up a group of old tier-1 tokens while Bitcoin remained under pressure. Behind the DOT race there is Polkadot's stablecoin proposal known as dotUSD, a governance project that is gathering almost plebiscytic membership among [...]
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Tron Weekly Journal
Tron Weekly JournalPolkadot Proposes 1 Native Stablecoin in New DAO Governance Vote
Polkadot governance is considering dotUSD, a protocol-native decentralized stablecoin proposed as its primary stable-value instrument. The proposal would create dotUSD on Asset Hub, establish a DOT-dotUSD market and eventually let users mint it against DOT collateral.
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