Solana Co-Founder Pushes Court-led Freeze on Stablecoins
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Anatoly Yakovenko says foundational stablecoins must only be frozen with the permission of the court.
He argues that stablecoins with broader freeze powers cannot be treated as true dollar instruments.
He proposes wrapper stablecoins built on a base asset, with each protocol managing its own risk controls.
Solana co-founder Anatoly Yakovenko is pushing a new architecture for stablecoins that would sharply limit who can freeze funds at the base layer. In his view, a foundational dollar
He argues that stablecoins with broader freeze powers cannot be treated as true dollar instruments.
He proposes wrapper stablecoins built on a base asset, with each protocol managing its own risk controls.
Solana co-founder Anatoly Yakovenko is pushing a new architecture for stablecoins that would sharply limit who can freeze funds at the base layer. In his view, a foundational dollar
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