Https://cb.run/aNT7 Tether Hasn’t Sanctioned Tornado Cash Transfers, Unlike USDCTether – the issuer of USDT, the world’s largest stablecoin – is yet to freeze addresses associated with the privacy protocol Tornado Cash.
That means USDT holders can still technically use the smart contract to obfuscate their funds.
However, it remains unclear whether Tether’s permissiveness amounts to a violation of U.S. sanctions.
Tether and Tornado According to a statement from Tether on Wednesday, the Office of Foreign Assets Control (OFAC) has established no expectations that stablecoin issuers must freeze secondary market addresses operated by sanctioned entities.
Tether clarified that it would willingly freeze a private wallet address (not exchanges/services) if...