The Last Swing of The Stick

It is not though, 2 talks at zcon4 go more into depth. All ZSA minting always happens transparently.

Yes, and the free market decides whether or not to adopt risky pink-promise stables, just like they did 200 years ago with free banking in the US

Tether already has freezing capabilities. They could for example demand viewing keys upon redemption at one of their settlers.

I’m saying Tether, but I mean any stablecoin without clear (chainlink) proof of reserves. This includes Circle.