Stable coins are not decentralized

Stablecoins only use the accoutrement of blockchain as smoke and mirrors to distract and confuse regulators, not because they actually benefit from it at a technical level. They aren't really decentralized at all and could just as easily be a database, except for the regulatory thing

nothing about crypto is decentralized. it's verified by enormous mining farms, who contribute hashes to centralized pools, all stored on one central ledger, and interfaces with the fiat/legit financial system only by using that very financial system.

oh, and three acounts hold like 25% of all btc in circulation.

crypto can do some things, but decentralization isn't one of them. just ask Coinbase

USD tether is barely crypto at all, it's a wrapper around treasury bonds which the US govt. regulates