Until it doesn't... which is the topic of the article. If it's centralized, it c... | Hacker News

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		cowtools on June 28, 2022 \| parent \| context \| favorite \| on: Mastercard and visa are the de facto regulators of... Until it doesn't... which is the topic of the article. If it's centralized, it can and will be regulated

yreg on June 29, 2022 [–]

USDC/USDT is centralized as in a central entity is trading it in a way to keep the peg at $1.

It is not centralized as in a central entity needs to approve your transaction.

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