> Doesn’t this seem like a massive, systemic threat in itself, that an audit-dodging, opaque institution underpins the ecosystem? It was. But it's increasingly

> Doesn’t this seem like a massive, systemic threat in itself, that an audit-dodging, opaque institution underpins the ecosystem? It was. But it's increasingly less so. The market has hedged this risk somewhat, by decreasing its market share: https://www.theblock.co/data/decentralized-finance/stablecoins/share-of-total-stablecoin-supply https://www.theblock.co/data/decentralized-finance/stablecoi.... And will likely continue to do so.