Even with the big user base that these coins have, it seems like secure options to store these coins are nowhere to find so most of people store them in exchanges.
Is anyone aware of any Stablecoin that can easily be stored in an open source wallet (desktop/Android) or HW wallet?
But isn't the concept beyond ironic.
How many of them have backdoor seizure coding?
The whole point of the concept is to keep close tabs on users.
My guess is that IF they don't have backdoor coding, then they will only supply 3rd party custodial wallets - so they can backdoor you still.
Decentralized projects are the future.
Besides... all these private, fiat-backed stablecoins will eventually have to compete with sovereign stablecoins.