[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  DavidBrain [@IamDavidBrain](/creator/twitter/IamDavidBrain) on x 3122 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 $DOT. vDOT and GDOT. Whatever the case, it's good to see that there's an alternative way to fund activities within the @Polkadot ecosystem. 💫  XXXXX engagements  **Related Topics** [dot](/topic/dot) [web3](/topic/web3) [dai](/topic/dai) [usdt](/topic/usdt) [fiat](/topic/fiat) [$dot](/topic/$dot) [coins layer 1](/topic/coins-layer-1) [coins made in usa](/topic/coins-made-in-usa) [Post Link](https://x.com/IamDavidBrain/status/1945514886337052811)
[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]
DavidBrain @IamDavidBrain on x 3122 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. 💫
XXXXX engagements
Related Topics dot web3 dai usdt fiat $dot coins layer 1 coins made in usa
/post/tweet::1945514886337052811