Polkadot Community Backs Proposal for DOT-Backed Algorithmic Stablecoin pUSD

Polkadot pUSD stablecoin has progressed to a governance referendum using the Honzon approach on Asset Hub, prompting scrutiny over Acala's legacy, and fit within Gavin Wood's broader vision for DOT-collateralized and “stable-ish” instruments on the network.

Source: cryptonews.com

Related symbols: DOTUSD