Hi Hesparus
I've had some degree of success - particularly on nice pieces of wood - by sealing them with white or yellow carpenteres glue and giving them a year or more to dry before proceeding. The glue seems to slow the drying and also to keep the grain together, resisting and reducing (but not eliminating) the cracks.
Also, I cut large pieces into smaller, but still oversize, pieces. That way, a crack in one piece may not go all the way through another.
Stabilizing is an option but you take some risks. Note, I said you take some risks. Some stabilizing companies won't even accept wood that isn't already dry. They may have to start off by drying it - which may cause cracks, and as soon as they apply vacuum, they are sucking remaining moisture out - again resulting in cracking and warping. I got some briar burl a while back. Briar burl is kind of like manzanita. It cracks just looking at it. Everyone I know who tried wax, laquer, and pentacryl to dry it wound up with it splitting nearly to toothpicks. I cut it into oversize knife block pieces, wrapped them tight in saran wrap and sent it to Mike at WSSI with a note that I was willing to accept whatever consequences. It came back pretty warped and grizzled and some pieces were a loss but some of the oversize pieces sanded down to really sweet and completely stable blocks. Of course, I had to pay for the stabilizing even on the pieces that didn't make it - but I got something where others got nothing.
Good luck with your next batch.
Rob!