Polkadot Moves to Launch pUSD Stablecoin

[cryptoenthusiast]

Polkadot (DOT) is set to launch pUSD, a new overcollateralized stablecoin, under RFC-155. The token — backed entirely by DOT and built on Asset Hub using the Honzon protocol — aims to cut reliance on USDT/USDC and unlock Polkadot’s DeFi potential. Supporters say a native stablecoin could boost autonomy and liquidity across the ecosystem.

[Nahid10]

A DOT-backed stablecoin like pUSD could give Polkadot real independence from USDT and USDC.

[kelson10]

If it works, pUSD might finally unlock stronger liquidity and DeFi growth across the ecosystem.