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![IamDavidBrain Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::893152226780356614.png) DavidBrain [@IamDavidBrain](/creator/twitter/IamDavidBrain) on x 3054 followers
Created: 2025-07-16 16:04:29 UTC

If the supply of $DOT is fixed, what happens to the treasury when the cap is reached?

This got me thinking for a while...

Gav proposes an ecosystem stablecoin that will be used to fund activities within the ecosystem. 

What will the stablecoin be backed with? 

Will it be:
Fiat pegged eg USDT, USDC, EURS

Commodity pegged e.g Pax Gold, PAXG

Crypto backed, e.g, DAI

US treasury backed, e.g, USDY by ONDO

Algorithmic stablecoin, e.g, FRAX, USDe

I remember there were talks about creating HOLLAR to be backed by all the variants of $DOT. vDOT and GDOT. 

Whatever the case, it's good to see that there's an alternative way to fund activities within the @Polkadot ecosystem. 💫

![](https://pbs.twimg.com/media/Gv_beQyXAAAnKQt.jpg)

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**Related Topics**
[dot](/topic/dot)
[web3](/topic/web3)
[dai](/topic/dai)
[paxg](/topic/paxg)
[eurs](/topic/eurs)
[usdt](/topic/usdt)
[fiat](/topic/fiat)
[$dot](/topic/$dot)

[Post Link](https://x.com/IamDavidBrain/status/1945514886337052811)