Dollar-pegged stablecoins create structural vulnerabilities across the crypto ecosystem. By relying on fiat currency backing, these instruments expose holders to inflation erosion, leave the system susceptible to governance capture by centralized issuers, and concentrate control in institutional hands. This centralization contradicts crypto's foundational principles of decentralization and financial sovereignty. Exploring alternative models—such as algorithmic or decentralized collateral-based stablecoins—becomes critical for sustainable ecosystem development.

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CommunityWorkervip
· 19h ago
The USD-pegged stablecoin system, to put it plainly, is just centralized with a different disguise. Do they even have the audacity to call it decentralization? We all have to endure the blow of inflation.
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FomoAnxietyvip
· 19h ago
Dollar-pegged stablecoin? Basically, it's just a central bank printing money with a different disguise, and they still have the audacity to call it decentralized.
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RugPullAlarmvip
· 19h ago
Dollar-pegged stablecoins are just a ticking time bomb. I've long analyzed the large holder addresses of USDC/USDT on-chain, and the concentration is ridiculously high. A single policy from the central bank can freeze them, which essentially means they are still serving traditional finance.
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SmartContractPlumbervip
· 19h ago
USD-pegged stablecoins are like a time bomb for centralized power; sooner or later, they will explode due to a governance loophole.
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RegenRestorervip
· 19h ago
Honestly, USD-pegged stablecoins are just a trap. The centralized issuer can easily manipulate and ruin you with a squeeze.
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