Solana Freeze Authority: Yes, it really is that bad!
I just found out about the ability to freeze tokens on Solana. The USDT and USDC contracts on Solana have this capability enabled. This means that a Tether or Circle employee may freeze anyone's USDT or USDC at any time. Literally "trust me bro" for billions of dollars worth of stablecoins.
Of course, Tether on ANY network may also be frozen on their USDT base layer as well. This is usually only done under subpoena from the US government, but it could happen anytime at the whims of a Tether employee. Same with USDT/Circle employees.
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