ckETH: a canister-issued Ether twin token on the IC

You can’t wrap centrally issued tokens in this way like you can with BTC, ETH, etc. The problem is the issuer can freeze the whole pool and they will if there is one transaction going on that they don’t like, making all ckUSDC worthless even if they aren’t related to that transaction. Central issuers must issue natively on ICP.

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