The wallet-draining scam has renewed debate around stablecoin issuers' responsibility, decentralization, and custody options for crypto users.

DeFi is a growing ecosystem of protocols and applications, which are delivering value to several thousands of users, and transacting the equivalent of hundreds of millions of dollars in digital assets, every day.  The very foundations of a new financial system are being laid, with applications that enable everything from simply making transfers and payments,…