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Introducing dUSD on Kusama: A New Era for On-chain Collectives

3 min read
Chase Merlin | Brale
Ben Milne | Brale
Introducing dUSD on Kusama with Decent Partners | Brale Blog

We're excited to announce our partnership with Decent Partners to issue decent (dUSD) - a stablecoin designed to drive innovation in the

and ecosystems.

decent (dUSD)

dUSD is issued on Kusama Asset Hub and leverages a revenue-sharing model that reinvests value back into creative and community initiatives. By leveraging Brale's regulated stablecoin issuance infrastructure, dUSD allows communities - from grassroots collectives to global enterprises - to build, govern, and promote their own on-chain payment solutions.

Stablecoins are driving the mainstreaming of crypto and Brale's unique stablecoin issuance model that shares revenue with partners enables communities to create, govern, and drive adoption of cooperative on-chain economies. We're excited to kickstart a new wave of innovation and experimentation in Kusama and beyond.

Richard Welsh
Richard Welsh
Managing Partner, Decent Partners

Real-world impact: Krievo, Bloque, Kippu, and KwickBit

dUSD will be the standard payment currency for Krievo-based organizations:

Featured launch partner: birdbrain

birdbrain brings together a fluid collective of contributors to create a leaderless on-chain innovation agency focused on translating Kusama’s cutting-edge systems into provocative experiments, forging the network’s iconic bird into an emblem of hacker ingenuity, attitude and resourcefulness.

PARITY Index is Birdbrain's first project - harnessing the cultural and economic disparities between the Kusama (KSM) and Polkadot (DOT) ecosystems to create a tokenized rivalry that settles in dUSD.

How to acquire dUSD

dUSD can be acquired by directly onboarding with Brale to mint new dUSD, by swapping in the dUSD/KSM liquidity pool on Kusama Asset Hub, and can be moved between networks at zero cost on Brale's stablecoin exchange.

Minting dUSD with Brale Issuance Platform

Driving innovation in on-chain communities

We're excited to work with Decent Partners and the Kusama community as well as the wider Polkadot ecosystem to drive meaningful adoption where the value created by stablecoins benefits creators, collectives and communities.

This continues Brale's mission to work with emerging ecosystems to increase access to stablecoins. Once implemented, stablecoins have onramps and offramps built-in, and leverage the same technology, treasury management, and transparency backing stablecoins on 10+ blockchains today.

To learn more about issuing ecosystem native stablecoins, please reach out to our team.

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Contributors

  • Chase Merlin | Brale
    Chase Merlin
    Sr Product Manager
  • Ben Milne | Brale
    Ben Milne
    CEO