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Home›Crypto›Stablecoins›Polkadot launches USDT-backed dotUSD stablecoin

Polkadot launches USDT-backed dotUSD stablecoin

dotUSD has an initial total supply of about 2.77 million tokens, according to The Defiant.

Reported · Written up by our desk · Stablecoins

The Defiant reports that Polkadot has launched the USDT-backed stablecoin dotUSD.

The outlet said dotUSD has about 2.77 million tokens in total supply.

The stablecoin’s DOT-backed borrowing feature is planned for a later phase.

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Sources

The DefiantPolkadot Launches USDT-Backed dotUSD Under OpenGov

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