"Decentralized" I start to really hate this word. We tend to decentralization, but we'll never reach it. All the scammers "yelling FULL DECENTRALIZED" are full of shit. Censorship resistant is way better word. For Bitcoin network to be 100% decentralized, 100% users would need to understand the full code and run a full node. In that impossible scenario we could yell "FULL decntralized" without lying.

So for the stablecoin maybe we can reach an acceptable level of censorship resistance. To maintain the peg we need central entity or oracles ... Stablecoin will have a role to play for adoption but it's also a trap.