Returning to the topic of stable coin account freeze, despite all the technical and price risks that arise when using decentralized financial protocols (DeFi), DeFi has one very serious vulnerability that nobody speaks directly.
The idea is that the overwhelming majority of operations to secure and issue loans takes place in stablecoins and the most dangerous part is concluded here. Considering that issuers of USDT, USDC, and other similar coins can block any funds on any of the wallets, it becomes completely uncomfortable to talk about any decentralized technologies.
In fact, at any time, for the most common reason, all liquidity pools, protocols, and borrowers may be without money. Even partial freezing of funds can lead to unpredictable consequences.
And the worst thing is that nothing has changed. The system may be decentralized, but all the funds in it continue to be controlled by local crypto banks.
Keep your money safe!