Is decentralization and centralization important for stablecoins?

Although decentralization is a native characteristic of blockchain, in terms of practical results, I don't think it's necessarily that important for stablecoins, or rather, it's difficult for the market value of decentralized stablecoins to surpass that of centralized stablecoins. If the Trump administration's stablecoin bill goes into effect, it will likely strengthen the attribute of "dollar-backed stablecoin." Now that crypto is increasingly being incorporated into traditional finance, it is impossible to avoid regulation; the question is merely what form the regulation will take and how stringent it will be. #stablecoin $BTC $USDC