Polkadot's "issuer-free" stablecoin launches on Tether's dollars
Polkadot has launched dotUSD, a stablecoin that it says has no issuing company, on Thursday, October 8. However, the token that went live is minted one-for-one against Tether’s USDT, which is the same kind of centrally controlled dollar coin that Polkadot’s own pitch warns against. In the same post where it announced the launch on...
- Read at Cryptopolitan
- Thu, 08 Oct 2026 19:55:42 +0000