
Polkadot plans to launch stablecoin with DOT collateral
Polkadot co-founder Gavin Wood unveils plans for the ecosystem’s native decentralized stablecoin on the network. The stablecoin will be collateralized to the protocol’s native token DOT. On the first day of the Web3 Summit 2025 on July 17, Wood discussed the protocol’s plans to launch a fully decentralized stablecoin. The stablecoin, which will be pegged to the project’s native token DOT (DOT), is designed to advance capital efficiency and scalability. So far, the token has yet to be formally launched on the market. It is still in the early stages, with Wood revealing that a treasury proposal aimed at bootstrapping…








