Polkadot's pUSD Stablecoin Faces Skepticism Amid Hopes for DeFi Growth

Polkadot DOT DOT - $2.975 is preparing to launch its new stablecoin, pUSD, under the RFC-155 proposal, with the community presenting it as a pivotal step to strengthen DeFi adoption, reduce reliance on USDT and USDC, and foster greater ecosystem independence. However, concerns are surfacing that history may repeat itself, recalling the troubled past of Acalas failed aUSD stablecoin.

Source: tokenpost.com

Related symbols: DOTUSD

2025-09-29 04:40:01 GMT.

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Price & Market Data

Price: $2.975

Volume 24h: $299,939,348.57

Market Cap: $4,846,928,297.93

Description

Polkadot (DOT) is a cryptocurrency . Polkadot has a current supply of 1,629,379,907.26520964. The last known price of Polkadot is 2.97562813 USD and is down -0.97 over the last 24 hours. It is currently trading on 981 active market(s) with $299,472,199.46 traded over the last 24 hours. More information can be found at https://polkadot.com.