Source: Forbes
Together, they dominate global liquidity and trading pairs across exchanges.
Against these giants, pUSD is starting from scratch, backed solely by DOT and confined to Polkadot’s ecosystem.
The challenge will be to earn trust and adoption; pUSD must prove it can stand firm where others already command near-total market share.
Source: TradingView
At press time, DOT traded at $3.93, slipping nearly 1.6% since the pUSD proposal announcement. RSI hovered just above neutral at 52, while MACD showed weakening bullish signals, hinting at short-term hesitation.
Traders are perhaps treading carefully.
Source: https://ambcrypto.com/polkadots-pusd-stablecoin-is-here-but-the-market-already-sees-3-red-flags/