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Polkadot Plans dotUSD, a DOT-Backed Stablecoin Pegged to the U.S. Dollar The Polkadot Community Foundation (PCF) said its proposed strategy passed an onchain governance…

Wu Blockchain
Published: 2026-11-14 03:12 UTC
Collected: 2026-11-14 03:32 UTC
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Polkadot Plans dotUSD, a DOT-Backed Stablecoin Pegged to the U.S. Dollar The Polkadot Community Foundation (PCF) said its proposed strategy passed an onchain governance referendum on November 11 with…

Polkadot Plans dotUSD, a DOT-Backed Stablecoin Pegged to the U.S. Dollar The Polkadot Community Foundation (PCF) said its proposed strategy passed an onchain governance referendum on November 11 with 97% support. Polkadot will shift its focus from building infrastructure to developing products for everyday users, including a mobile app for private messaging and digital cash payments. The platform will center on dotStables, starting with dotUSD, a U.S. dollar-pegged stablecoin backed by DOT and designed to drive demand for DOT as adoption grows. Polkadot will use user adoption and product usage as key measures of progress and direct more marketing funds toward campaigns tied to measurable user engagement.

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