Co-founder Solana Anatoly Yakovenko presented a new architecture for stablecoins that will limit the ability to freeze coins at the base level. According to him According to, the blocking of a dollar stablecoin should only be carried out with court approval, and not at the discretion of private issuers or other decision makers outside the blockchain.
This proposal comes amid ongoing debate in the crypto industry about how centralized stablecoin issuers should respond to hacks, vulnerabilities, and emergency fund movements. Yakovenko’s argument centers on the distinction between legal considerations and operational flexibility.
He proposes that the underlying asset should behave more like money within the formal legal system, while products DeFi higher levels ensure faster response to risks.
His message is simple: if stablecoin can be frozen by anyone other than a judge acting under proper legal authority, then it does not function fully as a true dollar instrument.
Meanwhile, issuers of centralized stablecoins often reserve the right to freeze addresses in response to hacks, sanctions, compliance issues, or law enforcement requests.
The solution proposed by Yakovenko is a multi-level structure: basic stablecoin will remain legally strict and will only respond to court decisions. Furthermore, protocols and lending platforms will be able to issue wrapped versions with their own freezing and unfreezing rules.
In this configuration, each team will develop its own security policy at the vault level. One protocol might respond quickly to a hack, another might require multi-party verification, and a third might develop automated deterrence tools. The key difference is that these controls will be located above the underlying stablecoin, not within it.
This structure would allow teams DeFi React more quickly to operational threats without changing the legal nature of the underlying dollar asset. This would also create competition in how protocols manage security, recovery, and user protection.
I would really like to know the opinion of a famous person Block- detective Zach XBT On this matter. He deals with hacks almost every day and can imagine the losses suffered by ordinary users.
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