Die US-Bank bezeichnet die Möglichkeit, Stablecoins einzufrieren, als „attraktiv“, da Kryptowährungen völlig den Überblick verloren haben
https://gizmodo.com/u-s-bank-calls-ability-to-freeze-stablecoins-appealing-as-crypto-has-completely-lost-the-plot-2000692407
9 Kommentare
tldr; U.S. Bank is testing its own stablecoin on the Stellar blockchain to enable faster and cheaper cross-border payments with features like customer verification and transaction reversals. The bank finds the ability to freeze assets on Stellar appealing, which contrasts with Bitcoin’s vision of decentralized, censorship-resistant money. This move highlights the growing integration of stablecoins into traditional financial systems, raising questions about the decentralization of blockchain technology and its alignment with original crypto principles.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Stable coins are not crypto. So no: Crypto has not “lost the plot”.
Just a settlement mechanism, not ‚crypto*currency*‘
Much needed over ACH and wire transfer.
Do people not understand that virtually all tokens can be frozen with the click of a button?
OpenZeppelin implemented the ability to [pause tokens](https://docs.openzeppelin.com/stellar-contracts/utils/pausable) as a feature in their base contracts years ago. Any decently knowledgeable smart contract developer can freeze the tokens they’ve created at any time (unless they’ve renounced their ownership role).
The point is bankless – duh.
U.S. Bank has completely lost the boundaries.
Gonna disagree. Smart contracts give developers the freedom to decide the parameters of their token. This is perfectly fine for stablecoins.
Taking away deverloper’s ability to design bespoke tokens would be losing the plot of cryptocurrencies.
Just invest in $PDAI….the only true decentralized stable coin on Pulsechain that is backed by Crypto. It operates outside of the Genius Act’s US jurisdiction, and cannot be frozen since there are no admin keys. And finally….if you buy it now you’ll ~500x your investment once it pegs to 1 dollar.
You know they gonna do this one day for real