ZachXBT Highlights Centralized Nature of Stablecoins

According to ZachXBT, centralized stablecoins are functioning exactly as advertised. He emphasized that despite any misconceptions, these stablecoins operate under a centralized framework.
SourceZachXBT
@zachxbtZachXBT is an Pseudonymous independent on-chain sleuth who is popular on revealing bad actors and scams in the crypto space