This proposal is to open both directions channel between AssetHub (ParaID 1000) and Hashed Network (ParaID 2093).
Opening a channel between AssetHub and Hashed Network is crucial as projects looking to operate on Hashed Network will be able to leverage stable coins like USDT, USDC, or other tokens. With the open channel, we see the potential for increased adoption of Polkadot native USDC and USDT and a stronger value proposition for Polkadot.
Hashed Network is strengthening the Polkadot ecosystem by helping web2 businesses innovate and/or transition into web3 companies with a customer-value-first approach. Please let us know if you have any questions.