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Because every stablecoin is by definition centralized. It has an underlying bank account, which could at any moment be freezed or seized, all coins confiscated
by EVa5I7bHFq9mnYK 6y ago
Because every stablecoin is by definition centralized. It has an underlying bank account, which could at any moment be freezed or seized, all coins confiscated and all smart contracts voided (or some specific contracts voided). Not so with decentralized blockchains based on proof of work.
- rodiger 6y agoMost, not all. E.g. DAI [0] [0] https://makerdao.com/en/whitepaper#abstract https://makerdao.com/en/whitepaper#abstract