IntroductionStablecoins have emerged as both a central point of focus and a subject of concern within the blockchain ecosystem. On one hand, there is a consensus that stablecoins play a pivotal role in the world of Decentralized Finance (DeFi), generating considerable enthusiasm. On the other hand, vulnerabilities have become apparent, particularly following the UST depegging and the subsequent turmoil on the Terra blockchain. Long-standing concerns about governmental challenges, particularly...