FAQs (Frequently Asked Questions)
No, it is not. Remember that DOT is not a stablecoin. It is just a token with the inflation model. Its primary use is to render the functionality of the Polkadot network with the cryptocurrency role and store the value.
You can use Polkdot coins while transferring money worldwide without accessing currency handlers and making online payments. Since the Polkadot crypto market is growing steadily, you can invest using Dot coins.
No! There is no cap on the number of coins that circulate. As a PoS (proof of stake) cryptocurrency, DOT is inflationary. It means Polkadot is the circulating currency, which continues to grow.
Like other cryptocurrency projects, Polkadot aims to fix the major issues that arise on any blockchain. It includes customization, scalability, governance and interoperability.