I don't disagree here. My point was just that the interest that you see on exchanges is not directly related to the stablecoins. I'm not sure if there are any

I don't disagree here. My point was just that the interest that you see on exchanges is not directly related to the stablecoins. I'm not sure if there are any legal or regulatory issues that would prevent stablecoins from getting those certifications. Tether definitely looks sketchy, but USDC has regular audits with public results.