Time
15:11
Solana co-founder Toly suggests building an underlying stablecoin architecture that can only be frozen by the courts.
April 13, 2026
CoinFeed News
CoinFeed reported on April 13th that Solana co-founder Toly stated that ideally, underlying stablecoins should only be frozen upon court order, and could be encapsulated with layer-two stablecoins like Drift.usdc and kamino.usdc. Each team would develop its own freezing and unfreezing strategy for each vault and be responsible for responding to hacker attacks. Toly argued that if stablecoins can be frozen by entities other than judges approved by the US Senate, they cannot be considered true "dollars," and that this presents an opportunity for other teams to build faster-responding stablecoins for DeFi.