| ▲ | rvnx 3 hours ago | |
+ "ZachXBT publicly criticised Circle for not freezing the stolen USDC during the bridge" calling for this, when the whole concept is to avoid government control | ||
| ▲ | haakon 3 hours ago | parent [-] | |
Backed stablecoins aren't some anarchistic anti-government thing; they are highly regulated and will lose access to their banking if they don't follow the rules – rules which require them to freeze coins in cases of crime. If you want to show a middle finger to government there are cryptocurrencies for that, but USD stablecoins with centralized backing is not it. | ||