DeFi· ★★★· bearish·

Tether Blacklists Four THORChain Vaults Holding 1.45M USDT

  • —Tether blacklisted four THORChain vaults holding 1.45M USDT
  • —THORChain's Tron swaps and LP operations are halted
  • —Co-founder Chad Barraford said the team got no advance notice
Why it matters: Freezing funds in THORChain vaults could lock up liquidity and undermine confidence in the cross-chain protocol.
Source: The Defiant