Defi
Polkadot (DOT) Launches dotUSD Stablecoin With $3 Million Treasury Seeding
COINOTAG·October 8, 2026·1 min read
Polkadot launched dotUSD on October 8 as an issuer-free stablecoin, with phase one minting it 1:1 against Tether's USDT under governance referendum 1944. The treasury seeded the project with $3 million. This marks a decentralized approach to stablecoins on the Polkadot network, aiming to reduce reliance on centralized issuers.
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