In a significant move for the Polkadot ecosystem, Bryan Chen of Acala has unveiled a proposal for a new algorithmic stablecoin, pUSD, on September 29, 2025. This initiative is set to enhance the DeFi landscape by providing a native solution that is fully backed by DOT. The source notes that this development could attract more users to the Polkadot network.
Introduction of pUSD
The introduction of pUSD aims to diminish the reliance on external stablecoins, which have often been a point of vulnerability in decentralized finance. By anchoring liquidity within the Polkadot network, Acala seeks to create a more resilient financial infrastructure that can support various DeFi applications.
Benefits of pUSD
With pUSD, users will have access to a stable medium of exchange that is intrinsically linked to the value of DOT, potentially increasing the utility of the token within the ecosystem. This proposal not only highlights Acala's commitment to innovation but also positions Polkadot as a competitive player in the rapidly evolving DeFi space.
