The one being torn apart is WLFI, not decentralization. Still, the growth speed of USD1 is making other stablecoins tremble with fear. Currently, aside from Ethereum, every chain has the ability to freeze addresses. This is why hackers immediately cross-chain and swap to Ethereum after stealing funds. $75M frozen isn’t the scary part—the scary part is that there’s never been an explanation for why these funds were frozen. Freezing an ordinary user’s 1 USD1 / 1 WLFI is wrong no matter the reason. But freezing the scythe wielded by investors—why should the public stand by their side?