Polkadot launches dotUSD stablecoin as DOT trades near $1.11 support zone
Polkadot has introduced dotUSD, a decentralized stablecoin governed by the community through the DOT DAO and the OpenGov framework. This marks the debut of a native stablecoin on Polkadot that is not issued or managed by a single entity, aiming to provide a decentralized alternative for users and applications across the network.