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Tether, a stablecoin "foundation", that was supposed to be more resistant to US control, obeyed US orders to freeze Iranian-linked USDT. (www.youtube.com)
submitted 3 months ago by [M] to c/endlesswar@lemmy.ca
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DAI and LUSD are stablecoins without blacklist address possibility.

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[–] [S] 1 point 3 months ago

DAI added a 2nd coin, USDS, that is "regulatory compliant" = can be frozen.

worry about all the USDC collateral they use but at least it would be an all or nothing sort of thing for that to be frozen.

I think (not positive at all) holding another smart contract that pools fungible usdt/usdc cannot get blacklisted, including selling/transfering that contract for something other than usdt/usdc.

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