[R] #1729 - Referendum #1729 - OpenGov proposal: Treasury USDT & USDC.
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Description

https://polkadot.subsquare.io/referenda/1729

  • Polkadot wants to buy USDT and USDC stablecoins.
  • They will trade DOT for stablecoins a little each day.
  • This helps the Treasury pay for things without worrying about price changes.
  • They will trade 1,320,000 DOT for USDT and the same for USDC.
  • Trades happen every 4 minutes using a tool called DCA.
  • Stablecoins go to the Polkadot Asset Hub when enough is collected.
  • The process takes about 183 days and costs a small fee.
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Timestamp
Created
Aug 27 2025 10:44
Start date
Aug 27 2025 10:44
End date
Sep 26 2025 10:44
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