Hey everyone
I'm currently trying to decide which stablecoin to use, but I'm concerned about censorship and the possibility of my funds being frozen. I know that both USDT (Tether) and USDC (USD Coin) have had issues in this regard:
USDT: Tether has been known to freeze addresses when asked to by law enforcement or other authorities. This has happened multiple times in the past, which raises concerns about how safe it is to hold USDT if you're worried about potential censorship.
USDC: USD Coin is designed to be fully compliant with U.S. regulations, which means it also has the ability to freeze funds and block transactions if required by the government. Given that it's backed by regulated financial institutions, it seems more prone to responding to regulatory pressures.
Considering these factors, which stablecoin would you say is the safest option if I'm trying to minimize the risk of censorship or having my funds frozen? Are there other stablecoins that might be better in this regard?
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