Yeah, like Liberty Reserve back in 2006. A centralised stable coin, which was shut down by the US government a few years later for the usual reasons: money laun

Yeah, like Liberty Reserve back in 2006. A centralised stable coin, which was shut down by the US government a few years later for the usual reasons: money laundering, crime, etc. Crypto, being permissionless, is just a bit harder to shut down; but not any more legal.