I just saw the news from ZachXBT, the Iranian exchange Wallex is completely finished, hit precisely by Circle and Tether joining forces, the wallet address is directly frozen. Although the exchange reacted quite quickly, trying to move assets through multi-chain bridges to BSC for risk aversion, over two million dollars are still stuck halfway, caught in a dilemma.

This kind of targeted bombing under geopolitical conditions has become the norm. Under compliance pressure, USDT and USDC, which have always been on the same side, acted in unison. From on-chain data, the concentrated transfer of assets by the exchange is too obvious, typical small actions were caught on the spot. This also proves once again that, in front of the centralized stablecoin giants, so-called asset ownership is actually conditional; there is no refuge outside the iron fist of regulation.

This centralized power that easily blocks wallets, do people think it is an inevitable path for industry compliance, or does it go against the original intention of blockchain? #Wallex #ZachXBT #CryptoRegulation #稳定币 $BNB

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