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RE: Venezuela Using USDT To Avoid Sanctions Showing Crypto Power

in LeoFinance8 months ago

Well I read somewhere that Tether have the hability of block USDT wallets. That can be a problem, for that is so important stablecoins like HBD.

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They can and already have done so many times in the past. Maduro's regime could not have chosen a worse cryptocurrency to use for this regard - one that will freeze addresses when the US government demands it.

As of today, over 1 billion USDT has been frozen by Tether.

https://dune.com/phabc/usdt---banned-addresses

Yeah. After the article was written, the Tether group was reported to say they would freeze the wallets.

Yes. After the article was written, the Tether group said they would freeze the wallets.