Cryptocurrency Q&A What is USDC blacklist?

What is USDC blacklist?

SumoPower SumoPower Mon May 13 2024 | 7 answers 1197
Might you please elaborate on the concept of the USDC blacklist? I've been hearing whispers about it but haven't quite grasped its essence. Is it akin to the blacklisting practices employed by traditional financial institutions? And if so, how does it specifically function within the realm of cryptocurrencies? I'm particularly interested in understanding the implications this blacklist has for those whose addresses find themselves on it. Could you please shed some light on this matter? What is USDC blacklist?

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