Polkadot Transformation: Launching a messaging app and stablecoins supported by DOT
2026-11-14 18:59:03
According to CoinMeta, Polkadot is shifting its main focus from building blockchain infrastructure to developing products for everyday users. The proposal submitted by the Polkadot community foundation ( PCF ) received 97% support in the online governance referendum on November 11th. The first product will be a mobile app for private messaging and digital cash payments, with the economic core being a series of stablecoins supported by DOT; the first stablecoin to be launched is DOTUSD, which is pegged to the US dollar. In the future, Polkadot will measure its progress based on user adoption and product usage, rather than the size of its ecosystem. The proposal was submitted on October 12th, and the referendum page showed approximately 9.65 million DOT in favor and about 269,000 against it. This plan will redirect funds from general marketing activities to initiatives that are directly related to measurable user engagement.
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Source:CryptoNewsFlash
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