THORChain executive reports temporary Tether freeze on USDT vaults

CIE News ·

Tether temporarily blacklisted THORChain's Tether (USDT) vaults before unfreezing them hours later without explanation, according to technical co-founder Chad Barraford.

Tether temporarily froze THORChain's Tether (USDT) vaults on October 9 before reversing the action a few hours later, according to the network's technical co-founder Chad Barraford. Cointelegraph reported that Barraford stated the vaults were blacklisted and subsequently unfrozen without Tether providing any explanation for the move.