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Regulatory hammer is not the motivating factor here. Both Tether and Circle had freeze function long before regulators showed up. Bc you can literally freeze and seize dollars…

Taylor Monahan
Published: 2026-11-01 16:35 UTC
Collected: 2026-11-01 20:03 UTC
Original language: Not supplied by source

Original source excerpt

Regulatory hammer is not the motivating factor here. Both Tether and Circle had freeze function long before regulators showed up. Bc you can literally freeze and seize dollars from bank accounts. It…

Regulatory hammer is not the motivating factor here. Both Tether and Circle had freeze function long before regulators showed up. Bc you can literally freeze and seize dollars from bank accounts. It’s very easy. The choice is to make it freezable onchain or to let your stablecoin become unbacked when it’s frozen offchain. Unbacked USDT/USDC is worthless so the freeze goes onchain. Duh.

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