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Decentralized Stablecoins Are Not Free for All
We regularly see stablecoins get frozen on chain. So it's not like it's free for all. At the end of the day, the stablecoin issuer is the one who decides who is actually holding the asset or not. Only the USDC on the proof of stake chain is real USDC. It is 100% centralized. And then you have the decentralized stablecoins, like Tara. You still have those dependencies that you're referring to, right? So you're saying no matter what, it's going to be centralized at some point. Right.