JP Morgan issues blunt warning as investors rush to safety

The very exploits plaguing DeFi are paradoxically driving investors to centralized stablecoins like Tether as a 'flight-to-safety' vehicle, not despite, but *because* of their stronger oversight and enforcement. This suggests that decentralization, the bedrock of DeFi, is a critical weakness for institutional capital. Is the promise of true decentralization incompatible with security and trust?
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