Post
Topic
Board Altcoin Discussion
Re: How likely of pulling the plug
by
batang_bitcoin
on 28/09/2020, 14:34:20 UTC
We got paxos which is also a good stable coin if you haven't noticed it.
IIRC Paxos is centralized and your coins can be freezed too.

https://bitcointalk.org/index.php?topic=5204055.0
Nice thread, thanks for emphasizing that. I thought that Paxos was fully decentralized so it's only DAI that's being left. I stand corrected.
As said on that thread, only DAI is the best choice which is really decentralized leaving the other stable coins to be centralized.