The post Ripple CTO Says Freeze-Proof Stablecoins Can’t Work As Circle Misses $285M Drift Hack appeared first on Coinpedia Fintech News
Can a stablecoin choose not to freeze your funds and still be a stablecoin? That question, posted on X by Columbia Business School professor Omid Malekan, just got a sharp technical reality check from Ripple CTO Emeritus, David ‘JoelKatz’ Schwartz. The timing could not be more loaded. Malekan’s argument was straightforward. In a space where …