Tether Blacklisted 100 Addresses on Ethereum so Far
Stablecoin issuer Tether has blacklisted 100 addresses on the Ethereum network so far, 84 of which were blacklisted this year. Most of these were blacklisted after July.
The term “blacklisting,” The Block reports, means the addresses in question are unable to send, receive, or redeem USDT tokens, making any USDT held in them unusable.
On July 9, the stablecoin issuer reportedly blacklisted 39 Ethereum addresses holding USDT. An address may be blacklisted for various reasons, including law enforcement requests, freezing actions as part of a recovery process, and more.
Tether’s USDT, it’s worth noting, is circulating on various blockchains, including Ethereum, Omni, TRON, Algorand, EOS, BCH, and Liquid.
