Polkadot Community Backs Proposal for DOT-Backed Algorithmic Stablecoin pUSD

Polkadot's community opened a vote to support a proposal for pUSD, a native stablecoin backed entirely by DOT tokens, through a governance referendum with Aye holding 74. 62% and Nay holding 25. 4% at an 80. 4% threshold. source: https://cryptonews.com/news/polkadot-community-backs-proposal-for-dot-backed-algorithmic-stablecoin-pusd/