Kate 1win Posted Sunday at 01:21 PM Kate 1win Posted Sunday at 01:21 PM Bank-Backed Stablecoins: Trust Upgrade or Missing the Point? Banks are getting into stablecoins now — backed reserves, regulatory oversight, the whole compliance package. If a bank goes under, there's a clearer paper trail and legal recourse than most crypto-native stablecoins ever offered. That's the pitch. But that same oversight means a bank, or a regulator, can freeze your funds, reverse a transaction, or shut the whole thing down if they decide to. The entire reason stablecoins exist outside traditional finance was to avoid exactly that. How do you feel about it? 👇 Link to comment https://invision.prod.aws.1winforum.com/topic/1959-%E2%80%8B%E2%80%8B%E2%80%8B%E2%80%8B%E2%80%8B%E2%80%8B%E2%80%8B-%F0%9F%8F%A6-bank-backed-stablecoins-trust-upgrade-or-missing-the-point/ Share on other sites More sharing options...
Ankul Posted Sunday at 03:49 PM Ankul Posted Sunday at 03:49 PM Not anonymous so no… Link to comment https://invision.prod.aws.1winforum.com/topic/1959-%E2%80%8B%E2%80%8B%E2%80%8B%E2%80%8B%E2%80%8B%E2%80%8B%E2%80%8B-%F0%9F%8F%A6-bank-backed-stablecoins-trust-upgrade-or-missing-the-point/#findComment-16084 Share on other sites More sharing options...
Marcos Posted Sunday at 04:42 PM Marcos Posted Sunday at 04:42 PM Usdt is the best! Link to comment https://invision.prod.aws.1winforum.com/topic/1959-%E2%80%8B%E2%80%8B%E2%80%8B%E2%80%8B%E2%80%8B%E2%80%8B%E2%80%8B-%F0%9F%8F%A6-bank-backed-stablecoins-trust-upgrade-or-missing-the-point/#findComment-16085 Share on other sites More sharing options...
СуперМен Posted Sunday at 05:16 PM СуперМен Posted Sunday at 05:16 PM 33 minutes ago, Marcos said: Usdt is the best! Agree! Link to comment https://invision.prod.aws.1winforum.com/topic/1959-%E2%80%8B%E2%80%8B%E2%80%8B%E2%80%8B%E2%80%8B%E2%80%8B%E2%80%8B-%F0%9F%8F%A6-bank-backed-stablecoins-trust-upgrade-or-missing-the-point/#findComment-16086 Share on other sites More sharing options...
gautam Posted Sunday at 05:53 PM gautam Posted Sunday at 05:53 PM 2 hours ago, Ankul said: Not anonymous so no… Facts, unfortunately it’s the future tho but I’ll stick to non bank related for as much as i can Link to comment https://invision.prod.aws.1winforum.com/topic/1959-%E2%80%8B%E2%80%8B%E2%80%8B%E2%80%8B%E2%80%8B%E2%80%8B%E2%80%8B-%F0%9F%8F%A6-bank-backed-stablecoins-trust-upgrade-or-missing-the-point/#findComment-16087 Share on other sites More sharing options...
Yooo Posted Monday at 06:23 AM Yooo Posted Monday at 06:23 AM Feels like banks are trying to put crypto back inside the system it was made to escape lol Link to comment https://invision.prod.aws.1winforum.com/topic/1959-%E2%80%8B%E2%80%8B%E2%80%8B%E2%80%8B%E2%80%8B%E2%80%8B%E2%80%8B-%F0%9F%8F%A6-bank-backed-stablecoins-trust-upgrade-or-missing-the-point/#findComment-16091 Share on other sites More sharing options...
RtpBr Posted Monday at 07:02 AM RtpBr Posted Monday at 07:02 AM 38 minutes ago, Yooo said: Feels like banks are trying to put crypto back inside the system it was made to escape lol Depends what you want from a stablecoin really Link to comment https://invision.prod.aws.1winforum.com/topic/1959-%E2%80%8B%E2%80%8B%E2%80%8B%E2%80%8B%E2%80%8B%E2%80%8B%E2%80%8B-%F0%9F%8F%A6-bank-backed-stablecoins-trust-upgrade-or-missing-the-point/#findComment-16093 Share on other sites More sharing options...
0xRaj Posted Monday at 07:31 AM 0xRaj Posted Monday at 07:31 AM Сonvenience and legal protection or full control. Link to comment https://invision.prod.aws.1winforum.com/topic/1959-%E2%80%8B%E2%80%8B%E2%80%8B%E2%80%8B%E2%80%8B%E2%80%8B%E2%80%8B-%F0%9F%8F%A6-bank-backed-stablecoins-trust-upgrade-or-missing-the-point/#findComment-16094 Share on other sites More sharing options...
COOL PERSON Posted Monday at 08:16 AM COOL PERSON Posted Monday at 08:16 AM Bank backed = more trust for normies Link to comment https://invision.prod.aws.1winforum.com/topic/1959-%E2%80%8B%E2%80%8B%E2%80%8B%E2%80%8B%E2%80%8B%E2%80%8B%E2%80%8B-%F0%9F%8F%A6-bank-backed-stablecoins-trust-upgrade-or-missing-the-point/#findComment-16096 Share on other sites More sharing options...
Maris_Bosco Posted Monday at 09:01 AM Maris_Bosco Posted Monday at 09:01 AM 44 minutes ago, COOL PERSON said: Bank backed = more trust for normies 😄 Link to comment https://invision.prod.aws.1winforum.com/topic/1959-%E2%80%8B%E2%80%8B%E2%80%8B%E2%80%8B%E2%80%8B%E2%80%8B%E2%80%8B-%F0%9F%8F%A6-bank-backed-stablecoins-trust-upgrade-or-missing-the-point/#findComment-16097 Share on other sites More sharing options...
Léo Posted Monday at 09:39 AM Léo Posted Monday at 09:39 AM 1 hour ago, COOL PERSON said: Bank backed = more trust for normies And more ways for someone else to control your money 👍 Link to comment https://invision.prod.aws.1winforum.com/topic/1959-%E2%80%8B%E2%80%8B%E2%80%8B%E2%80%8B%E2%80%8B%E2%80%8B%E2%80%8B-%F0%9F%8F%A6-bank-backed-stablecoins-trust-upgrade-or-missing-the-point/#findComment-16098 Share on other sites More sharing options...
Skater Posted Monday at 10:08 AM Skater Posted Monday at 10:08 AM 29 minutes ago, Léo said: And more ways for someone else to control your money 👍 Exactly Link to comment https://invision.prod.aws.1winforum.com/topic/1959-%E2%80%8B%E2%80%8B%E2%80%8B%E2%80%8B%E2%80%8B%E2%80%8B%E2%80%8B-%F0%9F%8F%A6-bank-backed-stablecoins-trust-upgrade-or-missing-the-point/#findComment-16099 Share on other sites More sharing options...
... Posted Monday at 10:53 AM ... Posted Monday at 10:53 AM Ppl keep calling it decentralization while giving another institution the freeze button Link to comment https://invision.prod.aws.1winforum.com/topic/1959-%E2%80%8B%E2%80%8B%E2%80%8B%E2%80%8B%E2%80%8B%E2%80%8B%E2%80%8B-%F0%9F%8F%A6-bank-backed-stablecoins-trust-upgrade-or-missing-the-point/#findComment-16100 Share on other sites More sharing options...
loveria Posted Monday at 10:53 AM loveria Posted Monday at 10:53 AM Just now, ... said: Ppl keep calling it decentralization while giving another institution the freeze button 🤣 Link to comment https://invision.prod.aws.1winforum.com/topic/1959-%E2%80%8B%E2%80%8B%E2%80%8B%E2%80%8B%E2%80%8B%E2%80%8B%E2%80%8B-%F0%9F%8F%A6-bank-backed-stablecoins-trust-upgrade-or-missing-the-point/#findComment-16101 Share on other sites More sharing options...
King Posted Monday at 11:31 AM King Posted Monday at 11:31 AM im not against it tbh 38 minutes ago, ... said: Ppl keep calling it decentralization while giving another institution the freeze button Link to comment https://invision.prod.aws.1winforum.com/topic/1959-%E2%80%8B%E2%80%8B%E2%80%8B%E2%80%8B%E2%80%8B%E2%80%8B%E2%80%8B-%F0%9F%8F%A6-bank-backed-stablecoins-trust-upgrade-or-missing-the-point/#findComment-16102 Share on other sites More sharing options...
King Posted Monday at 11:45 AM King Posted Monday at 11:45 AM if im holding money for payments or trading, i care more about whether the reserves are actually there Link to comment https://invision.prod.aws.1winforum.com/topic/1959-%E2%80%8B%E2%80%8B%E2%80%8B%E2%80%8B%E2%80%8B%E2%80%8B%E2%80%8B-%F0%9F%8F%A6-bank-backed-stablecoins-trust-upgrade-or-missing-the-point/#findComment-16103 Share on other sites More sharing options...
513 Posted Monday at 12:02 PM 513 Posted Monday at 12:02 PM 16 minutes ago, King said: if im holding money for payments or trading, i care more about whether the reserves are actually there Same Link to comment https://invision.prod.aws.1winforum.com/topic/1959-%E2%80%8B%E2%80%8B%E2%80%8B%E2%80%8B%E2%80%8B%E2%80%8B%E2%80%8B-%F0%9F%8F%A6-bank-backed-stablecoins-trust-upgrade-or-missing-the-point/#findComment-16105 Share on other sites More sharing options...
Joe Boy Posted Monday at 12:28 PM Joe Boy Posted Monday at 12:28 PM 43 minutes ago, King said: if im holding money for payments or trading, i care more about whether the reserves are actually there Not every stablecoin has to be some ideological statement bro Link to comment https://invision.prod.aws.1winforum.com/topic/1959-%E2%80%8B%E2%80%8B%E2%80%8B%E2%80%8B%E2%80%8B%E2%80%8B%E2%80%8B-%F0%9F%8F%A6-bank-backed-stablecoins-trust-upgrade-or-missing-the-point/#findComment-16106 Share on other sites More sharing options...
Lucky_Guy Posted Monday at 01:26 PM Lucky_Guy Posted Monday at 01:26 PM banks entering stablecoins was inevitable Link to comment https://invision.prod.aws.1winforum.com/topic/1959-%E2%80%8B%E2%80%8B%E2%80%8B%E2%80%8B%E2%80%8B%E2%80%8B%E2%80%8B-%F0%9F%8F%A6-bank-backed-stablecoins-trust-upgrade-or-missing-the-point/#findComment-16107 Share on other sites More sharing options...
Faraz Posted Monday at 01:48 PM Faraz Posted Monday at 01:48 PM Gm Link to comment https://invision.prod.aws.1winforum.com/topic/1959-%E2%80%8B%E2%80%8B%E2%80%8B%E2%80%8B%E2%80%8B%E2%80%8B%E2%80%8B-%F0%9F%8F%A6-bank-backed-stablecoins-trust-upgrade-or-missing-the-point/#findComment-16108 Share on other sites More sharing options...
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