Polkadot launches dotUSD stablecoin backed by USDT, future plan promises full decentralization
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🟠 Polkadot launched dotUSD stablecoin, currently backed 1:1 by USDT reserves.
🟠 The launch contradicts original claims of full decentralization for $DOT users.
🟠 Full DOT-collateralized stablecoin remains in development with no launch date set.
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14m ago•
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