Polkadot Launches dotUSD Stablecoin as DOT Price Tests $1 Support

Key Facts

1Polkadot network has launched its native dotUSD stablecoin via decentralized governance.

2DOT price fell toward $1, testing daily support levels as the stablecoin launch occurred.

The Polkadot network has launched its native dotUSD stablecoin via decentralized governance, crypto.news reported. The launch occurred as the DOT token price fell to test daily support levels near $1, facing downward pressure following a recent period of recovery.

According to crypto.news, DOT was trading near $1.10 on October 8, 2026, reflecting a decline of approximately 7.6% for the session. Technical indicators and chart patterns, including a rounded top on the 4-hour chart, have driven the price toward multi-month lows, with immediate support levels identified at $1.017 and $0.949.