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Polygon Mulls $1 Billion Stablecoin Deployment for Yield Generation: Community to Decide

  • Polygon is considering deploying $1.3 billion in stablecoins to boost ecosystem growth.
  • The proposal includes risk-managed strategies and community oversight.
  • The stablecoin reserves will be allocated to yield-generating protocols through strategic partnerships with Allez Labs, Morpho, and Yearn.
  • The plan aims to stimulate activity growth within the Polygon ecosystem and expand its DeFi offerings.

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