On-chain detective ZachXBT has questioned recent remarks by Circle CEO Jeremy Allaire about the "need for policy partnerships". He pointed out that it took Circle up to six months to process the Lazarus Group-related address freeze, while the other three major stablecoin issuers immediately adopted address blacklisting measures.
In addition, when the US Treasury's Office of Foreign Assets Control (OFAC) requested the processing of Garantex's sanctioned address, the Circle team also failed to respond in a timely manner.
ZachXBT questions Circle's stance on regulatory compliance
2025-08-19 10:09:04
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