Anatoly Yakovenko on court-order freezes and stablecoin wrappers
Historical background. Proposes court orders for base-layer freezing, separate wrapper policies; background narrower than issuer blanket rule.
@zachxbt @macbrennan_cc @mdudas Don’t we want a base layer stable that only freezes in a court order? Wrap it with your own stable that has freeze and unwrap policies per vault.
Drift.usdc, kamino.usdc etc… and have a security team that is actually responsible with dealing with hacks.
If it can freeze by something else except a US senate approved judges authority, it’s not a US dollar.
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@zachxbt @macbrennan_cc @mdudas How much would the seal team charge to be the freeze oracle? @zachxbt
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