Tether Unblocks 35 Addresses, Including OFAC-Sanctioned One

Tether Unblocks 35 Addresses, Including OFAC-Sanctioned One

Let’s talk about the unusual activity in the stablecoin world in recent days. According to data from the usdt blacklist bot, Tether hasn’t blacklisted any addresses in recent days… but it unblocked 35 wallets! 🤯 This is big news because Tether isn’t exactly known for rolling back restrictions.

Even more intriguing: one of the unblocked addresses, 0x3aa...d6279, is flagged as OFAC-sanctioned on Etherscan. Yet, Tether lifted the freeze anyway. Could this be linked to the Tornado Cash sanctions relief? At first glance, maybe… but here’s the twist:

  • USDC also unblocked two Tornado Cash-linked addresses:
  • But both no longer show OFAC sanctions on Etherscan.

So… why did Tether suddenly unblock those wallets? The blockchain never lies, but it sure loves a mystery. 🔍

Key takeaways:

  1. Tether and Circle are spending big on gas fees for these moves. Circle dropped $65+ in ETH just to unblock two addresses!
  2. Not all stablecoins have "freeze" functions. Think DAI, LUSD, and even USDT on Liquid Network – these can’t be blacklisted by issuers.

📢 PSA: If censorship resistance matters to you, swap freely on rabbit.io. Non-freezable stablecoins are available there, too.