Voting Aye on, this will make Polkadot competitive with TON and other cryptos that deal with remittances. 

Hello from Polkadotters.
All 3 changes of AssetHub, be it the reduction of the minimum stable balance to $0.01, the reduction of TX fees by 10 and the sub 1s blocktime, are crucial for AssetHub to become a relevant choice for stablecoin exploration by users beyond our beloved ecosystem. 
Have you tried Tron in the last few weeks? It's not as cheap as it used to be, so perhaps it's the perfect time to promote AssetHub (Polkadot) as the ideal way to transfer stablecoins worldwide. Easy AYE here.

Huge Aye! Those kinds of things are very important

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**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.*

### Proposal Summary

- **Objective**: Reduce the minimum balance (minBalance) of USDT and USDC on AssetHub from 0.07 to 0.01.
- **Context**: Following the successful launch of Novasama's Telenova app, discussions aim to make Polkadot surpass competitors like Solana and Tron in stablecoin payments.
- **Proposed Changes**:
  - Lower minBalance of stablecoins to $0.01.
  - Reduce transaction fees on AssetHub by a factor of 10.
  - Achieve sub-1-second block times through Elastic Scaling.
- **Impact**: These changes, combined with apps like Telenova, could make AssetHub (and Polkadot) the preferred platform for fast, cheap, and reliable stablecoin transfers.
- **Testing**: The proposal was tested successfully using Chopsticks by experienced developers.

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**Proposal to reduce the minimum balance of USDT and USDC on AssetHub to $0.01 from $0.07 to improve stablecoin payments and transfers on Polkadot.** This proposal is part of a larger plan to reduce transaction fees and block times on AssetHub and make Polkadot a hub for cheap, fast, and reliable stablecoin transfers. The proposal was tested successfully and prepared by a member of the Fellowship.

Reduce minBalance of USDT/C to 0.01

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Origin able to dispatch a whitelisted call.

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