Summary
We would like to register $USDt on Kintsugi as a first step towards considering it as a Vault collateral and to facilitate other ongoing developments.

Proposal
Enabling this kind of asset on Kintsugi will allow users to adopt less risky positions with potentially tighter collateral thresholds which should eventually increase the system-wide minting capacity.

We request that TC upgrade this proposal directly to a referendum.

Resources

• Kintsugi > Statemine: https://kintsugi.subsquare.io/democracy/referendum/60
• Statemine > Kintsugi: https://kusama.polkassembly.io/post/1807