Bryan Chen (Acala) has initiated a funding discussion with the Polkadot Fellowship for development of PUSD, the Polkadot native stablecoin.
Targeting a November release, PUSD would be based on Acala鈥檚 Honzon protocol and collateralized by DOT.
Wag Roundup March 3rd to March 9th
Note: the weekly newsletter has now been paused.
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Hyperbridge has kicked off Phase 3 of the Polkadot DeFi Singularity incentives. The program has already distributed 332K vDOT to liquidity providers across Ethereum, Arbitrum, Base, and BNB Chain, supporting bridging volume that now exceeds 5M DOT.
