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Topic
Board Beginners & Help
Re: Stablecoins? They can be freezed? Should i use them and worry?
by
Sanitough
on 12/10/2024, 10:56:29 UTC
So If i have usdc usdt ?
Can be freezed? Should i use them and worry about ?
It can definitely be frozen since the issuer is regulated. If there’s a court order directing the regulators to freeze an account, they have no choice but to comply with it.

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Even If my crypto wallet or exchanger not involved in any bad activities so why someone can freeze basicly to steal my money ?
Even if you’re not directly involved, if a transaction passes through your wallet, you could be flagged, and your account might be frozen for investigation.

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Can they actually freeze i call it stealing my money ? Or it's mostly rumours ?
You might see it as stealing from your perspective, but if it's an order from the regulators, it's considered a lawful act, and they can't be charged with theft legally.

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If so then who have responsebility legally and does there any notice to stablecoins owners ?
You’ll need to reach out to the issuer and possibly file a legal action if you want to fight for your rights.

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Will be some stablecoins more safer then others?
I think DAI

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If they don't be trusted don't they are afraid of losing the users.

How often that happens ?
Freezing funds is rare and usually happens with large amounts. They're aware of this, but as mentioned, they are guided by the law and must follow the rules set by the regulators.

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have this happened with you ?
Im sure this topic is still confusing for many members ? 
Not yet, hopefully it won't happen, but freezing of funds has occurred before.