Polkadot Launches USDT-Backed dotUSD Under OpenGov

Crypto Insight Summary: The stablecoin has about 2.77 million tokens in total supply, while DOT-backed borrowing is planned for a later phase. Crypto Insight Analysis: Direction: Bullish DOT Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: Launch of dotUSD adds utility to DOT, boosting demand and ecosystem growth.