This company has too much data on individuals already. Running an effective bank is even more. On that basis alone, this concentration of power must be fiercely resisted. But as stated in the article, for now stable coins are stable to an extent. So guess I'll expect it at some sort.
Kindly read this article titled "Stable Coin: No Absolute Stability Until Disconnected from Real Assets" to have a better insight into it via this this link: https://medium.com/kucoinexchange/stable-coin-no-absolute-stability-until-disconnected-from-real-assets-80eb5c34c6be