https://polkadot.subsquare.io/referenda/1761
Polkadot pUSD Stablecoin
- pUSD is a new stablecoin for the Polkadot network.
- It is backed only by DOT tokens.
- You can lock up your DOT to borrow pUSD.
- This lets you spend without selling your DOT.
- The Polkadot Treasury may use pUSD for payments.
- pUSD holders can earn interest by saving their coins.
- A special group will manage the rules to keep it safe.