![PayPals-PYUSD-Stablecoin-Is-Laden-With-Centralization-Concerns.jpg PayPal's PYUSD Stablecoin Is Laden With Centralization Concerns](https://cryptotoptrends.com/wp-content/uploads/2023/09/PayPals-PYUSD-Stablecoin-Is-Laden-With-Centralization-Concerns-678x381.jpg)
Speaking of security, we can’t ignore the stablecoin’s blacklist function. To be clear, other leading stablecoins, such as Circle’s USDC and Tether’s USDT, use a built-in blacklisting mechanism to combat hackers and criminals from accessing them. Using a blacklist is practically an industry standard.
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