Recently, I noticed an interesting phenomenon - a project has moved the stablecoin minting capability to Polkadot, and the data is indeed worth following.



First, let's talk about a few hard indicators. The minting fee is pressed down to the level of 0.01 DOT, which means developers have almost no threshold costs. The confirmation speed is 12 seconds to finalize, and users do not feel any delay. More importantly, the entire mechanism is backed by a decentralized pool, and the demand for USD is directly settled into the DOT ecosystem.

Where is the imagination in this design? Polkadot has always been talked about in terms of slot narratives and parallel chain ecosystems. But from another perspective, if DOT can support the issuance of cross-chain stablecoins, then its nature changes - it's not just a public chain infrastructure, but more like a truly cash-flowing financial hub.

It is said that the minting volume has exceeded 100 million. When this number will be reflected in the price depends on when the market reacts.
DOT-2.42%
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OldLeekNewSicklevip
· 12-22 15:45
Well, it's another "revolutionary design"... The 0.01 DOT fee is indeed cheap, but can a cheap fee make DOT appreciate? I need to think about this logic. A total supply of 100 million coins sounds impressive, but the key is how the liquidity of these stablecoins is. Will it be another black hole where funds are dormant?
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SatoshiChallengervip
· 12-22 15:41
Interesting, another story of a "cash flow financial hub". The last time I heard this line was during the Luna era [冷笑]
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LiquidatedTwicevip
· 12-22 15:24
The fee of 0.01 DOT is indeed ridiculously low, but with a minting volume of 100 million, why hasn't DOT been pumped up... What is the market response?
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