How stable is USDC?

By now, we all know the Tornado Cash story. What happened is basically a kick in the balls to decentralization and freedom in general.

USDC addresses got blacklisted. Let’s be realistic, we know that this can happen! However this time it sets a very dangerous precedent for the future of DeFi and financial freedom itself. Looks like USDC is a prime example of how CBDC’s will look like in the future.

Since privacy is a fundamental human right, it’s more important than ever to help build and develop parallel running systems that can be an alternative to CDBC’s and legacy financial institutions. Only by doing so there’s a chance of defeating this dystopian future.