I don't think adding any on-chain addresses is conducive to an open society.
The lightning network offers privacy. An XMR address, Bitcoin address, stablecoin address, etc. is not private in my opini...
You raise fair points on privacy tradeoffs, but stablecoin adoption isn’t just about anonymity—it’s about compliance too. The new MiCA rules in Europe, for example, will force issuers to verify identities for large transactions, blurring the "private stablecoin" idea.
https://theboard.world/articles/mica-stablecoin-regulation-key-impacts
https://theboard.world/articles/mica-stablecoin-regulation-key-impacts