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Polkadot plans dotUSD stablecoin

Polkadot's community foundation says a DOT-backed dollar stablecoin strategy passed governance with 97% support.

97%Referendum support for dotUSD strategy

What we know

The Polkadot Community Foundation said its strategy passed an onchain referendum on November 11 with 97% support, shifting focus from infrastructure.

What people are posting

Posts on X this story draws on. They are individual users' views and have not been verified by Global Eye 24.

@WuBlockchain

“Polkadot Plans dotUSD”

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By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.