【Curve founder: The underlying assets of centralized stablecoins face risks from regulation and geopolitics】 on October 31, according to Cointelegraph, Curve Finance founder Michael Egorov said in an interview that the main risk facing centralized stablecoins is not the reserve issue that investors are concerned about, but the geopolitical risk from government regulation. He pointed out that the underlying assets that support over-collateralized stablecoins, including cash deposits of financial institutions and U.S. Treasury bonds, may face the risk of asset freezing and confiscation. Egorov believes that algorithmic stablecoins are a solution to these potential sanctions because their fully decentralized nature allows them to rely only on autonomous software on the chain. At the same time, he emphasized that compared to stablecoins that rely on fiat currency assets, algorithmic stablecoins can provide investors with "algorithmic guarantees" that their funds will not evaporate due to asset confiscation. Previously, Tether CEO Paolo Ardoino also raised similar concerns about the EU MiCA regulations, believing that its bank reserve requirements for stablecoin issuers could pose systemic risks.