Tether and US stablecoins are dead. Just Bitcoin, Gold, and CBDC remain.
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The US Treasury Department recently froze $344 million held by Iran's central bank, in two digital wallets that contained Tether (USDT) Stablecoins. Tether ...

DAI and LUSD are stablecoins without blacklist address possibility.

  • chicken@lemmy.dbzer0.comEnglish
    2·
    1 month ago

    There was never really much reason to trust Tether with this. I thought DAI had been planning to add a freeze function when they rebranded but I guess they didn’t? Still have to 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.

    • humanspiral@lemmy.caOPMEnglish
      1·
      1 month 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.