Odaily Planet Daily reports that Gavin Wood's proposed Polkadot native stablecoin, PUSD, has entered the proposal discussion stage. His underlying concept is reportedly to allow block producer rewards to be distributed in stablecoins, rather than the highly volatile DOT. Therefore, the Polkadot protocol itself (most likely on the Asset Hub) will issue a new stablecoin, named PUSD, collateralized solely by DOTs. Similar to the HOLLAR stablecoin, users can borrow PUSD by pledging DOTs. However, the community believes that a large-scale stablecoin would incur correlation risks. For example, a drop in the DOT price could trigger liquidations, which would necessitate the sale of DOTs held in the vault.