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WALLSECOnchain Forensics
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Networks

Stablecoin

In one sentence

A token designed to hold a steady value against a currency, most commonly the US dollar.

USDT and USDC dominate fraud losses reported to us, because a victim's balance appears stable and because they move cheaply across networks such as Tron.

Some stablecoin issuers can freeze balances at specific addresses at the request of law enforcement. This is unusual and never guaranteed, but it is one of the few mechanisms that can stop value moving after the fact.

Related terms

Token

An asset issued by a contract on an existing network, rather than the network's own native coin.

Freeze

A restriction placed on an account or address so funds cannot be withdrawn.

Tron

A high-throughput network with very low fees, carrying a large share of global USDT transfers.

More in Networks

ExchangeBlockTokenSmart contract

Guides that use this term

How USDT tracing works on Tron and Ethereum

Can stolen USDT be traced, and can it be frozen?

Pig butchering scams: how the long con works and how funds are traced

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