they are all more or less centralized with shady companies behind the project controlling everything there is about the coins in and out of circulation.
More or less? If we exclude algorithm-based stablecoin, then all of them are centralized by all means. What surprises me more is we are trusting a bank through a company. If the company was holding our money, that would be far better but we are not trusting them but the bank lol. USDC's recent chaos is the perfect example of why we shouldn't go for a stablecoin though sometimes we get forced lol.