https://kusama.subsquare.io/referenda/526
- What: Proposal to convert 25,000 KSM into dUSD stablecoins for the Kusama Treasury.
- Why: To diversify funds, reduce volatility, and support ecosystem growth.
- How: Uses Asset Hub’s tools to trade KSM for dUSD over 5 weeks.
- Fees: 0.15% fee, with half going back to the treasury.
- Bonus: dUSD will work like USDC, allowing fee payments without needing KSM.
- Partners: Works with Brale (stablecoin issuer) and Decent Partners.
- Future: More projects will use dUSD, like debit cards and exchanges.
- Regulation: New rules make dUSD easier to use globally.
