The Polkadot native stablecoin PUSD proposed by Gavin Wood has entered the proposal discussion stage. It is reported that his basic idea is that the block maker's reward does not have to use a highly volatile DOT, but can be issued with stablecoins. Therefore, the Polkadot protocol itself (most likely on Asset Hub) will issue a new stablecoin named PUSD. This stablecoin will only be collateralized by the DOT. The mechanism is similar to the HOLLAR stablecoin, and users can borrow PUSD by mortgag...
BICO broke through $0.50 and is now quoted at $0.5647, an increase of 8.2% in 24 hours. The market fluctuates greatly. Please do a good job in risk control.