https://polkadot.subsquare.io/referenda/1728
- Polkadot wants to buy USDT and USDC stablecoins.
- It will trade DOT for stablecoins slowly over 6 months.
- This helps pay expenses without price swings.
- It will also lend 1 million DOT to earn extra yield.
- The plan uses a parachain called Hydration.
- Fees are low, about 0.4% of the total.
- The treasury gets stablecoins sent to it regularly.