Polkadot
Polkadot|Sep 10, 2026 12:07
A referendum proposing dotUSD, a protocol-native stablecoin for Polkadot, is now live on DOT DAO governance. The proposal was drafted by community members across the Polkadot ecosystem and submitted to OpenGov via the Polkadot Community Foundation. PCF's role is limited to putting it forward for a community vote. PCF will not not deploy, operate, control or custody dotUSD. The proposal outlines a phased approach: an initial stables-backed phase, followed by a DOT-collateralized vault phase subject to further development and governance. The dotUSD implementation is now up for vote with the DOT DAO. Read the full proposal and take part in the vote here: https://polkadot.subsquare.io/referenda/1944(Polkadot)
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