There is a looming risk in DeFi concerning real-world assets (RWAs) or security tokens in general and pools holding them (think Uniswap, AAVE, …) regarding Anti Money Laundering (AML) regulation.
Should a court order the token issuer (i.e. Circle) to freeze the holdings of an address that has deposited the funds into a pool (i.e. UniV3-ETH/USDC), that might risk the token issuer having to freeze the whole pool's holdings.
This risk is even amplified in the new Uniswap v4 architecture as all pools' funds will be held