X @mert | helius.dev

Stablecoin Risks & Limitations - Stablecoins, unlike cash, can be frozen, tracked, and seized, representing a shift from traditional self-custody [1] - The central issuer of a stablecoin has the power to lock users out, even if the stablecoin is held in a personal wallet, a vulnerability not present with physical cash [1] - The industry acknowledges the utility of stablecoins but emphasizes the importance of recognizing their inherent limitations regarding control and censorship resistance [1]