Vitalik Buterin Outlines Structural Flaws in Current Decentralized Stablecoin Designs

In a post on X published on Sunday, Ethereum co-founder Vitalik Buterin argued that today\u0027s decentralized stablecoins still face unresolved structural weaknesses. He highlighted ongoing reliance on the U.S. dollar, vulnerabilities in oracle-based price feeds, and incentive problems linked to staking yield and slashing risks. Buterin called for a fundamental redesign of collateral models, oracle mechanisms and incentive structures instead of minor incremental adjustments.