Polkadot has launched dotUSD, a stablecoin backed by USDT, under its OpenGov governance system. The total supply of this stablecoin stands at approximately 2.77 million tokens. Borrowing backed by DOT is planned for a later phase.
Source: Read the original article
Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
