DeFi· ★★★· neutral·

Polkadot launches DAO-governed stablecoin dotUSD

  • —dotUSD goes live on the Polkadot network
  • —Governance runs through the DOT DAO and OpenGov
  • —No single issuer or controlling entity
Why it matters: A rare fully DAO-governed stablecoin: a test of whether on-chain governance can manage issuance and reserves at scale.
#DOT
Source: TokenPost
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