Polkadot Considers pUSD Stablecoin Backed by DOT Tokens in Key Vote

TLDR The Polkadot community is currently voting on the proposal to launch a native stablecoin backed by DOT tokens. Bryan Chen, co-founder of Acala, introduced the pUSD stablecoin proposal to reduce reliance on USDT and USDC. The pUSD proposal has gained 74.6% support but requires 79.7% approval to pass in the ongoing referendum. Community members [...]

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