{"id":12496,"date":"2026-06-10T07:00:00","date_gmt":"2026-06-10T05:00:00","guid":{"rendered":"https:\/\/kriptomat.hr\/how-can-stablecoins-be-frozen-if-crypto-is-decentralized\/"},"modified":"2026-06-11T08:34:25","modified_gmt":"2026-06-11T06:34:25","slug":"how-can-stablecoins-be-frozen-if-crypto-is-decentralized","status":"publish","type":"post","link":"https:\/\/kriptomat.hr\/en\/how-can-stablecoins-be-frozen-if-crypto-is-decentralized\/","title":{"rendered":"How can stablecoins be frozen if crypto is decentralized?"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"12496\" class=\"elementor elementor-12496 elementor-12486\" data-elementor-post-type=\"post\">\n\t\t\t\t<div class=\"elementor-element elementor-element-b16c6dc e-flex e-con-boxed e-con e-parent\" data-id=\"b16c6dc\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-bed0442 elementor-widget elementor-widget-heading\" data-id=\"bed0442\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">Stablecoins are between crypto and traditional finance<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-1ea545e e-flex e-con-boxed e-con e-parent\" data-id=\"1ea545e\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-e23e710 elementor-widget elementor-widget-text-editor\" data-id=\"e23e710\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"text-base my-auto mx-auto [--thread-content-margin:var(--thread-content-margin-xs,calc(var(--spacing)*4))] @w-sm\/main:[--thread-content-margin:var(--thread-content-margin-sm,calc(var(--spacing)*6))] @w-lg\/main:[--thread-content-margin:var(--thread-content-margin-lg,calc(var(--spacing)*16))] px-(--thread-content-margin)\"><div class=\"[--thread-content-max-width:40rem] @w-lg\/main:[--thread-content-max-width:48rem] mx-auto max-w-(--thread-content-max-width) flex-1 group\/turn-messages focus-visible:outline-hidden relative flex w-full min-w-0 flex-col agent-turn\" data-conversation-screenshot-content=\"\"><div class=\"flex max-w-full flex-col gap-4 grow\"><div class=\"min-h-8 text-message relative flex w-full flex-col items-end gap-2 text-start break-words whitespace-normal outline-none keyboard-focused:focus-ring [.text-message+&amp;]:mt-1\" dir=\"auto\" data-message-author-role=\"assistant\" data-message-id=\"1b6a6564-232f-457e-849a-eae597aaee60\" data-message-model-slug=\"gpt-5-5-thinking\"><div class=\"flex w-full flex-col gap-1 empty:hidden\"><div class=\"markdown prose dark:prose-invert wrap-break-word w-full dark markdown-new-styling\"><p data-start=\"60\" data-end=\"288\">Stablecoins are used on public blockchains, but that doesn&#8217;t mean they&#8217;re always completely decentralized. Many of them are issued by centralized companies, have reserves in the traditional financial system, and must comply with laws. <\/p><p data-start=\"290\" data-end=\"547\">That&#8217;s why stablecoins look like ordinary crypto at first glance. They can be sent over the blockchain, used in wallets, and traded on exchanges. But in practice, they often function more like regulated digital dollars than as fully decentralized coins.  <\/p><p data-start=\"549\" data-end=\"820\">Stablecoin issuers can freeze their wallets, blacklist the address, and cooperate with regulators or sanctioning authorities in certain situations. The blockchain continues to operate normally, but tokens at certain addresses may become unusable. <\/p><p data-start=\"822\" data-end=\"1205\">This was clearly seen in the case of wallets that were allegedly linked to Iran&#8217;s central bank. Arkham Intelligence publicly flagged these addresses after reports that the U.S. OFAC had flagged two addresses on the Tron network associated with the institution. Shortly after, Tether announced that it had frozen more than $344 million in USDT on these wallets in cooperation with US authorities.  <\/p><p data-start=\"1207\" data-end=\"1470\" data-is-last-node=\"\" data-is-only-node=\"\">The point is simple. Blockchain hasn&#8217;t stopped working. Wallets have not disappeared. The transaction history was still publicly visible. But the stablecoins at these addresses were reportedly no longer usable because the issuer had the technical and legal ability to intervene.    <\/p><\/div><\/div><\/div><\/div><div class=\"z-0 flex min-h-[46px] justify-start\"> <\/div><\/div><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-2b1e1d3 e-flex e-con-boxed e-con e-parent\" data-id=\"2b1e1d3\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-337cef4 elementor-widget elementor-widget-image\" data-id=\"337cef4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/s3-images.ctmedia.io\/media\/article-covers\/hi-what-is-a-decentralized-money-market-and-eu-stablecoin-1.jpg\" title=\"\" alt=\"\" loading=\"lazy\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-90a872b e-flex e-con-boxed e-con e-parent\" data-id=\"90a872b\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-f8a42e4 elementor-widget elementor-widget-text-editor\" data-id=\"f8a42e4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Source: <a href=\"https:\/\/cointelegraph.com\/\">cointelegraph<\/a><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-1af2b29 e-flex e-con-boxed e-con e-parent\" data-id=\"1af2b29\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-6bff40e elementor-widget elementor-widget-heading\" data-id=\"6bff40e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Why stablecoins depend on traditional finance<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-65cae82 e-flex e-con-boxed e-con e-parent\" data-id=\"65cae82\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-8f69413 elementor-widget elementor-widget-text-editor\" data-id=\"8f69413\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p data-start=\"57\" data-end=\"378\">Although stablecoins run on blockchain networks, they are still strongly connected to classic banks and the financial system. Their stable price is most often maintained using reserves held in banks, cash, short-term financial instruments or government bonds, such as short-term US Treasury bills. <\/p><p data-start=\"380\" data-end=\"706\">Stablecoin issuers need banks to hold these reserves, process swaps, and enable the transition between digital tokens and traditional money. That&#8217;s why most stablecoins in practice look more like a digital version of classic money on a faster blockchain infrastructure, and less like a completely independent decentralized asset. <\/p><p data-start=\"708\" data-end=\"999\">If the market starts to doubt the quality of the reserves or whether the issuer can actually access that money, the stability of the stablecoin can quickly come under pressure. For stablecoins to function normally, they also need a legal framework, audits, professional asset custodians, and existing payment systems. <\/p><p data-start=\"1001\" data-end=\"1299\">Even the largest stablecoins need to maintain relationships with regulators, banks, and other traditional financial institutions. Without reliable access to banking services, reserve accounts, and settlement systems, they would hardly be able to maintain a stable price or withstand a large number of withdrawal requests. <\/p><p data-start=\"1301\" data-end=\"1461\" data-is-last-node=\"\" data-is-only-node=\"\">Lastly, blockchain speeds up sending and facilitates the movement of tokens, but the economic foundation of most stablecoins is still found in the traditional financial system.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-734f672 e-flex e-con-boxed e-con e-parent\" data-id=\"734f672\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-88a3e6c elementor-widget elementor-widget-image\" data-id=\"88a3e6c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/s3-images.ctmedia.io\/media\/article-covers\/interrogation-lamp-stablecoin.jpg\" title=\"\" alt=\"\" loading=\"lazy\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-26a3802 e-flex e-con-boxed e-con e-parent\" data-id=\"26a3802\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-06351b2 elementor-widget elementor-widget-text-editor\" data-id=\"06351b2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Source: <a href=\"https:\/\/cointelegraph.com\/\">cointelegraph<\/a><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-7cd712d e-flex e-con-boxed e-con e-parent\" data-id=\"7cd712d\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-5884804 elementor-widget elementor-widget-heading\" data-id=\"5884804\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Stablecoins and bank deposits: what's the difference?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-7a34c12 e-flex e-con-boxed e-con e-parent\" data-id=\"7a34c12\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-0794ce3 elementor-widget elementor-widget-text-editor\" data-id=\"0794ce3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p data-start=\"56\" data-end=\"363\">Stablecoins often look more like money in a bank account than fully decentralized cryptocurrencies. Like a bank balance, stablecoins represent a claim on real money, most commonly the US dollar, and rely on institutions to maintain trust and day-to-day functioning. <\/p><p data-start=\"365\" data-end=\"564\">Bank deposits depend on commercial banks and the central bank system. Stablecoins depend on private issuers, reserve custodians, asset managers, and banks with which the issuer cooperates. <\/p><p data-start=\"566\" data-end=\"829\">Both exist within the legal and regulatory framework. Government authorities can freeze a bank account through a court order or sanctions. On the other hand, stablecoin issuers may block certain wallets or restrict transfers when required by law.  <\/p><p data-start=\"831\" data-end=\"1015\">In both cases, access to value doesn&#8217;t just depend on who technically controls the wallet or account. It also depends on the rules, laws, and requirements that the issuer or bank must follow. <\/p><p data-start=\"1017\" data-end=\"1290\">The main difference is in the way money moves. Stablecoins are sent over open blockchain networks, where transactions are publicly visible and verifiable. Traditional bank money moves through closed banking channels operated by banks, credit card companies, and payment networks.  <\/p><p data-start=\"1292\" data-end=\"1476\" data-is-last-node=\"\" data-is-only-node=\"\">That&#8217;s why many stablecoins aren&#8217;t fully standalone cryptocurrencies in the same sense as Bitcoin. They are more of a digital representation of the US dollar, adapted for faster sending and settlement over the blockchain. <\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-d229996 e-flex e-con-boxed e-con e-parent\" data-id=\"d229996\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-a4da31d elementor-widget elementor-widget-image\" data-id=\"a4da31d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/s3-images.ctmedia.io\/media\/article-covers\/how-stablecoin-yields-could-trigger-deposit-outflows-from-us-banks-according-to-aba.jpg\" title=\"\" alt=\"\" loading=\"lazy\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-b7c23f4 e-flex e-con-boxed e-con e-parent\" data-id=\"b7c23f4\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-ebca3b2 elementor-widget elementor-widget-text-editor\" data-id=\"ebca3b2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Source: <a href=\"https:\/\/cointelegraph.com\/\">cointelegraph<\/a><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-d6f5854 e-flex e-con-boxed e-con e-parent\" data-id=\"d6f5854\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-7c7a78e elementor-widget elementor-widget-heading\" data-id=\"7c7a78e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">How the case of Iran-related wallets showed control over stablecoins<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-42e5c4d e-flex e-con-boxed e-con e-parent\" data-id=\"42e5c4d\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-481d92f elementor-widget elementor-widget-text-editor\" data-id=\"481d92f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"text-base my-auto mx-auto [--thread-content-margin:var(--thread-content-margin-xs,calc(var(--spacing)*4))] @w-sm\/main:[--thread-content-margin:var(--thread-content-margin-sm,calc(var(--spacing)*6))] @w-lg\/main:[--thread-content-margin:var(--thread-content-margin-lg,calc(var(--spacing)*16))] px-(--thread-content-margin)\"><div class=\"[--thread-content-max-width:40rem] @w-lg\/main:[--thread-content-max-width:48rem] mx-auto max-w-(--thread-content-max-width) flex-1 group\/turn-messages focus-visible:outline-hidden relative flex w-full min-w-0 flex-col agent-turn\" data-conversation-screenshot-content=\"\"><div class=\"flex max-w-full flex-col gap-4 grow\"><div class=\"min-h-8 text-message relative flex w-full flex-col items-end gap-2 text-start break-words whitespace-normal outline-none keyboard-focused:focus-ring [.text-message+&amp;]:mt-1\" dir=\"auto\" data-message-author-role=\"assistant\" data-message-id=\"60176636-918e-48d2-93cf-0f77edbfb6f3\" data-message-model-slug=\"gpt-5-5-thinking\"><div class=\"flex w-full flex-col gap-1 empty:hidden\"><div class=\"markdown prose dark:prose-invert wrap-break-word w-full dark markdown-new-styling\"><p data-start=\"81\" data-end=\"288\">The case attracted a lot of attention when Arkham published detailed onchain profiles of the wallets in question. According to intelligence reports, these addresses have processed hundreds of millions of dollars in transfers over many years. <\/p><p data-start=\"290\" data-end=\"426\">According to blockchain analytics firm TRM Labs, accounts have received about $370 million through nearly 1,000 separate transactions as of 2021. <\/p><p data-start=\"428\" data-end=\"622\">This case shows how analyst firms, government agencies, and stablecoin issuers can work together when issues related to sanctions, compliance with the law, or national security arise.<\/p><p data-start=\"624\" data-end=\"902\" data-is-last-node=\"\" data-is-only-node=\"\">In other words, stablecoins can run on a public blockchain, but that doesn&#8217;t mean they&#8217;re beyond the reach of regulators. If the issuer has the ability to block a certain token or wallet, then the control exists not only at the user level, but also at the level of the company issuing the stablecoin. <\/p><\/div><\/div><\/div><\/div><div class=\"z-0 flex min-h-[46px] justify-start\"> <\/div><\/div><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-728afee e-flex e-con-boxed e-con e-parent\" data-id=\"728afee\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-789f715 elementor-widget elementor-widget-image\" data-id=\"789f715\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/s3-images.ctmedia.io\/media\/article-covers\/hi-corrupt-governance-what-do-we-know-about-recent-scandal-new-1.jpg\" title=\"\" alt=\"\" loading=\"lazy\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-57d9bf3 e-flex e-con-boxed e-con e-parent\" data-id=\"57d9bf3\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-d7961fe elementor-widget elementor-widget-text-editor\" data-id=\"d7961fe\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Source: <a href=\"https:\/\/cointelegraph.com\/\">cointelegraph<\/a><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-09fb394 e-flex e-con-boxed e-con e-parent\" data-id=\"09fb394\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-fb8148a elementor-widget elementor-widget-heading\" data-id=\"fb8148a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">Why public blockchains make it easy to track stablecoins<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-e699c22 e-flex e-con-boxed e-con e-parent\" data-id=\"e699c22\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-647944e elementor-widget elementor-widget-text-editor\" data-id=\"647944e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p data-start=\"60\" data-end=\"264\">A common misconception is that activities on the blockchain are automatically private or anonymous. In reality, large public networks like Bitcoin, Ethereum, and Tron operate as fully visible and permanent ledgers of transactions. <\/p><p data-start=\"266\" data-end=\"408\">Anyone with access to the internet can check wallet status, transaction flows, and activity history through public blockchain browsers.<\/p><p data-start=\"410\" data-end=\"689\">Users are not shown by name and surname, but through addresses made up of letters and numbers. But specialized analytics firms can link multiple addresses if they see similar transaction patterns, asset movements, and interactions with centralized platforms like exchanges. <\/p><p data-start=\"691\" data-end=\"886\">Over time, a fairly detailed picture of financial activity can be created. More importantly, these transactions can be analyzed even years after they have occurred because the data remains publicly available. <\/p><p data-start=\"888\" data-end=\"1083\">Firms like Chainalysis, Arkham Intelligence, and TRM Labs provide such analytics services to government authorities, law enforcement teams, and law enforcement agencies around the world.<\/p><p data-start=\"1085\" data-end=\"1253\">With stablecoins, this is especially important. The public visibility of the blockchain allows for the tracking of funds, and the control of issuers can also allow for the restriction of their movement. <\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-71acf78 e-flex e-con-boxed e-con e-parent\" data-id=\"71acf78\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-a2f32a1 elementor-widget elementor-widget-image\" data-id=\"a2f32a1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/s3-images.ctmedia.io\/media\/article-covers\/how-can-stablecoins-be-frozen-if-crypto-is-decentralized.jpg\" title=\"\" alt=\"\" loading=\"lazy\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-45f0d5d e-flex e-con-boxed e-con e-parent\" data-id=\"45f0d5d\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-0854b52 elementor-widget elementor-widget-text-editor\" data-id=\"0854b52\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Source: <a href=\"https:\/\/cointelegraph.com\/\">cointelegraph<\/a><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-54aafae e-flex e-con-boxed e-con e-parent\" data-id=\"54aafae\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-8b6b0f7 elementor-widget elementor-widget-heading\" data-id=\"8b6b0f7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">What does it mean when a blockchain address is sanctioned?<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-38e9a5e e-flex e-con-boxed e-con e-parent\" data-id=\"38e9a5e\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-975ac23 elementor-widget elementor-widget-text-editor\" data-id=\"975ac23\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p data-start=\"56\" data-end=\"323\">When a regulator puts a certain blockchain address under sanctions, it means in practice that regulated companies should avoid doing business with that address. This applies to exchanges, payment processors, financial institutions, and other platforms that must comply with the law. <\/p><p data-start=\"325\" data-end=\"606\">In the US, OFAC maintains lists of sanctioned persons, organizations and addresses. Today, crypto wallets are increasingly on these lists. When an address is blacklisted, regulated platforms usually block or restrict interactions with it in order to remain compliant with the law.  <\/p><p data-start=\"608\" data-end=\"804\">That doesn&#8217;t stop the blockchain itself. The address and the funds on it still exist online. Transactions are still visible. But using regulated services can become very difficult or almost impossible.   <\/p><p data-start=\"806\" data-end=\"1136\">A sanctioned wallet can have serious limitations. It cannot normally deposit or withdraw funds from large centralized exchange offices. He may lose access to regulated entrances and exits to classic money. May have limited access to payment services, custody services, and other platforms that carry out checks.   <\/p><p data-start=\"1138\" data-end=\"1244\">Because of this, the wallet can be practically cut off from the wider economy, although the blockchain continues to operate without interruption.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-b105613 e-flex e-con-boxed e-con e-parent\" data-id=\"b105613\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-648bd2a elementor-widget elementor-widget-image\" data-id=\"648bd2a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/s3-images.ctmedia.io\/media\/article-covers\/hi-heres-how-chamber-of-digital-commerce-wants-to-make-crypto-market-great-stablecoin.jpg\" title=\"\" alt=\"\" loading=\"lazy\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-dc126b4 e-flex e-con-boxed e-con e-parent\" data-id=\"dc126b4\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-0037433 elementor-widget elementor-widget-text-editor\" data-id=\"0037433\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Source: <a href=\"https:\/\/cointelegraph.com\/\">cointelegraph<\/a><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-69ed618 e-flex e-con-boxed e-con e-parent\" data-id=\"69ed618\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-17b9a49 elementor-widget elementor-widget-heading\" data-id=\"17b9a49\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">Why can blockchain be decentralized and a token cannot?<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-21325cd e-flex e-con-boxed e-con e-parent\" data-id=\"21325cd\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-0df6a5f elementor-widget elementor-widget-text-editor\" data-id=\"0df6a5f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p data-start=\"2375\" data-end=\"2538\">Not all crypto assets are equally decentralized. The key question is whether there is a central issuer that can manage the token, limit it, or redeem it. <\/p><p data-start=\"2540\" data-end=\"2660\">With Bitcoin, there is no central institution that can freeze or blacklist coins at the protocol level.<\/p><p data-start=\"2662\" data-end=\"2774\">Ether works similarly. There is no issuer that can directly control individual balances on wallets. <\/p><p data-start=\"2776\" data-end=\"2925\">Stablecoins like USDT and USDC generally have centralized controls that allow issuers to govern the token and limit usage.<\/p><p data-start=\"2927\" data-end=\"3072\">Tokenized traditional assets often have even more scrutiny because they are strongly tied to the issuer, legal rules, and regulatory requirements.<\/p><p data-start=\"3074\" data-end=\"3187\">This means that a fully decentralized blockchain can support tokens that have a lot of centralized elements.<\/p><p data-start=\"3189\" data-end=\"3463\">Stablecoins are a particularly good example. They function more as a bridge to traditional finance than as a completely independent crypto asset. Their stability comes from banking partnerships, safeguarding, legal rules, buyback processes, and cooperation with regulators.  <\/p><p data-start=\"3465\" data-end=\"3615\">These things help stablecoins maintain their price and gain the trust of users. But at the same time, they create clear points of control and possible interventions. <\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-863e568 e-flex e-con-boxed e-con e-parent\" data-id=\"863e568\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-c9fe4b5 elementor-widget elementor-widget-image\" data-id=\"c9fe4b5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/s3-images.ctmedia.io\/media\/article-covers\/hi-a-list-of-most-prominent-fiat-backed-stablecoins.jpg\" title=\"\" alt=\"\" loading=\"lazy\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-f926aca e-flex e-con-boxed e-con e-parent\" data-id=\"f926aca\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-aa7b16f elementor-widget elementor-widget-text-editor\" data-id=\"aa7b16f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Source: <a href=\"https:\/\/cointelegraph.com\/\">cointelegraph<\/a><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-a7e8bab e-flex e-con-boxed e-con e-parent\" data-id=\"a7e8bab\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-2c3b2e2 elementor-widget elementor-widget-heading\" data-id=\"2c3b2e2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">Why do stablecoin issuers work with regulators?<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-9b977e1 e-flex e-con-boxed e-con e-parent\" data-id=\"9b977e1\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-b571156 elementor-widget elementor-widget-text-editor\" data-id=\"b571156\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p data-start=\"3676\" data-end=\"3847\">Companies that issue stablecoins are under a lot of regulatory pressure because their tokens often function as digital versions of traditional currencies in practice.<\/p><p data-start=\"3849\" data-end=\"4027\">To maintain banking relationships, access to payment networks and securely hold reserves, issuers often have to cooperate with the police, regulators and sanctioning authorities.<\/p><p data-start=\"4029\" data-end=\"4153\">If they refuse to cooperate, they may face hefty fines, legal problems, or loss of opportunities to do business in multiple countries.<\/p><p data-start=\"4155\" data-end=\"4394\">From an issuer&#8217;s perspective, freezing tokens related to sanctions, ransomware, terrorist financing, fraud, or major security incidents may be necessary to maintain regulatory status and market confidence.<\/p><p data-start=\"4396\" data-end=\"4562\">Tether, for example, has publicly stated that it cooperates with authorities around the world and has blocked billions of dollars in assets related to illegal activities over time.<\/p><p data-start=\"4564\" data-end=\"4794\">Proponents of such capabilities believe that they are necessary to reduce abuse and protect users. Critics, on the other hand, argue that this weakens the basic idea of censorship resistance that led many people to get into crypto in the first place. <\/p><p data-start=\"4796\" data-end=\"5030\"><strong data-start=\"4796\" data-end=\"4815\">Did you know?<\/strong>  A wallet can technically hold frozen stablecoins indefinitely. Tokens can still be displayed on the blockchain browser, but the sending function may stop working if the issuer blacklists the address. <\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-46479dd e-flex e-con-boxed e-con e-parent\" data-id=\"46479dd\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-2b0b42b elementor-widget elementor-widget-image\" data-id=\"2b0b42b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/s3-images.ctmedia.io\/media\/article-covers\/cross-border-transaction-stablecoin.jpg\" title=\"\" alt=\"\" loading=\"lazy\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-cec8aba e-flex e-con-boxed e-con e-parent\" data-id=\"cec8aba\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-49c83eb elementor-widget elementor-widget-text-editor\" data-id=\"49c83eb\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Source: <a href=\"https:\/\/cointelegraph.com\/\">cointelegraph<\/a><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-106806a e-flex e-con-boxed e-con e-parent\" data-id=\"106806a\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-7a12945 elementor-widget elementor-widget-heading\" data-id=\"7a12945\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">Stablecoins are a bridge between blockchain and traditional finance<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-5ed5242 e-flex e-con-boxed e-con e-parent\" data-id=\"5ed5242\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-d6d34a1 elementor-widget elementor-widget-text-editor\" data-id=\"d6d34a1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p data-start=\"6172\" data-end=\"6292\">Stablecoins are often presented as an important part of the decentralized financial system, but their role is more complex.<\/p><p data-start=\"6294\" data-end=\"6466\">They allow value to be sent almost instantly over public blockchains, but they can still be subject to freezing, scrutiny, or restrictions when regulators get involved.<\/p><p data-start=\"6468\" data-end=\"6658\">This is not to say that stablecoins are a failure. Rather, it can be said that they are developing as a hybrid type of digital money. They combine the speed and efficiency of blockchain with the foundation of traditional finance.  <\/p><p data-start=\"6660\" data-end=\"6892\">Instead of completely replacing the existing system, stablecoins are increasingly becoming programmable, globally available, and online versions of traditional dollars. They continue to be linked to institutions, regulatory oversight and government currencies. <\/p><p data-start=\"6894\" data-end=\"7026\" data-is-last-node=\"\" data-is-only-node=\"\">Technology is new, but the basic issues of trust, control, and legal accountability remain very similar to traditional money.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Stablecoins are one of the most important parts of the crypto market. They are used to trade, send money, store value, and access the dollar without a classic bank account. <\/p>\n<p>Still, many users don&#8217;t know that some stablecoins can be frozen. Although they are located on the blockchain, issuers such as the companies behind USDT or USDC can block certain addresses in certain situations. <\/p>\n<p>In this blog, we explain why stablecoins are not the same as Bitcoin, how asset freezing works, why it happens, and what it means for users who believe that everything in crypto is completely decentralized.<\/p>\n","protected":false},"author":3,"featured_media":12497,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[48,46,50],"tags":[],"class_list":["post-12496","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dive-deeper","category-fortify-your-crypto","category-general"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>How can stablecoins be frozen if crypto is decentralized? - Kriptomat<\/title>\n<meta name=\"description\" content=\"Stablecoins look like digital dollars on the blockchain, but they are not always fully decentralized. 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