Polkadot treasury loses $1.38 million after XCM patch missed production

Polkadot's treasury lost $1.38 million after an XCM patch failed to reach production, distorting pricing in DOT/dotUSD pools. A later upgrade fixed the stablecoin's supply accounting without altering holders' balances. The loss is a direct hit to treasury funds and raises questions about patch deployment discipline on the network, a concern for DOT holders watching protocol governance and risk controls.