With 97% approval, Polkadot's new strategy will drive mobile apps and the dotUSD stablecoin

Odaily reports: The Polkadot Community Foundation (PCF) has announced that its proposed new strategy was approved on November 11 through an on-chain governance referendum with 97% support. Polkadot plans to shift its focus from infrastructure building to products aimed at ordinary users, and to launch a mobile app supporting private messaging and digital cash payments. The product platform will be centered on the dotStables stablecoin series, with the first stablecoin, dotUSD, pegged to the US dollar and backed by DOT, aiming to drive demand for DOT through real-world usage. Polkadot will also use user scale and product usage as its primary metrics for measuring progress, and will direct more marketing funds toward incentive campaigns with measurable user engagement.