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Solana co-founder Anatoly Yakovenko has raised questions about the legitimacy of USDC as a true representation of the U.S. dollar amid ongoing debates over its freezing capabilities. In a discussion with blockchain detective ZachXBT, Yakovenko highlighted concerns about the stablecoin's ability to be frozen without a U.S. federal court order.Yakovenko proposed a new architecture for stablecoins, suggesting a base-layer stablecoin that can only be frozen by court order. He also recommended that protocols like Drift and Kamino issue wrapped stablecoins with their own freeze and unfreeze policies, supported by dedicated security teams to address hacking incidents.

DRIFT+26.73%KMNO+1.54%SOL+0.66%USDC-0.00%

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