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by JumpCrisscross 1252 days ago
I think the question is, given a choice of stablecoins, who is choosing Tether and why?
1 comments

USDC has been known to blacklist users and lock their coins from further transfer: https://thedefiant.io/usdc-addresses-banned

They’re regulated by the USA and I’m sure the terms say they’ll comply with requests from Uncle Sam.

> regulated by the USA and I’m sure the terms say they’ll comply with requests from Uncle Sam

To be clear, the theory is Uncle Sam has no power over Tether's U.S. dollars?