**This proposal, if approved, will reduce the `minBalance` of USDT (`1984`) & USDC (`1337`) on AssetHub to `0.01` - currently it is `0.07` for both.**

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After the recent [successful launch of Novasama's Telenova app](https://x.com/NovasamaTech/status/1798725288584708561), some ecosystem agents were discussing how Polkadot could surpass the likes of Solana, Ton and even dethrone Tron as the king of stablecoin payments & transfers - with a handful of changes/ improvements to AssetHub including (but not limited to):

- **Reducing the minimum balance/ ED of stablecoins on AH to $0.01** *(this proposal)*
- Reducing transaction fees on AssetHub by a factor of ~10 (requires runtime upgrade)
- Sub 1s blocktimes on AssetHub (requires Elastic Scaling)

Together with super-apps such as Telenova, these could make AssetHub (and therefore Polkadot) the home of cheap, fast & more importantly stable/ reliable stablecoin transfers - and serve as a perfect case study demonstrating the power of building on Polkadot.

*This proposal was prepared by a member of the Fellowship, and tested successfully using Chopsticks by two grand master chopsticks giga chads.*

- **Problem Statement:** Reducing the `minBalance` of USDT and USDC on AssetHub to $0.01 to enhance stablecoin payments & transfers on Polkadot.
- **Significance:** Enhancing AssetHub could position Polkadot as a leader in stablecoin transactions, potentially surpassing competitors like Solana and Tron.
- **Proposed Solution:** Lowering the minimum balance of stablecoins on AssetHub to $0.01.
- **Expected Outcomes:** Improved efficiency and affordability in stablecoin transfers on Polkadot's AssetHub.

#857 Reduce minBalance of USDT/C to 0.01