I’m talking about an alternative to using blockchains for this purpose. stablecoins always have an issuer (e.g., Tether, Circle, etc.) who can issue and revoke stablecoin dollars anyway… so instead of pretending like we have things like security, immutability, and decentralization let’s admit that it doesn’t have those properties and there might be better (simpler/cheaper!) ways to roughly achieve the same thing. I’m thinking signed messages to confirm transfer instead of a blockchain. I don’t have a specific proposal in mind, just feels like something like this should be possible and could simplify/unify how stablecoins work