USDC address 0x18779e0200a1a716e785cfe2c6f52bb763242cab (GnosisSafe) blacklisted on Ethereum mainnet.
Regulation & Gov ·
A GnosisSafe wallet at address 0x18779e0200a1a716e785cfe2c6f52bb763242cab has been blacklisted on the USDC contract on Ethereum mainnet. The action prevents the address from transacting in USDC, the stablecoin issued by Centre. Blacklisting is a capability built into USDC's smart contract that allows the issuer to freeze specific addresses, typically in response to suspected illicit activity or regulatory requirements.
The transaction was recorded on-chain and is verifiable through both Etherscan and blockchain analysis platforms. USDC's blacklist function grants the token issuer unilateral control over which addresses can hold and move the asset, a design choice that reflects its status as a regulated stablecoin. The mechanism has been used repeatedly since USDC's launch to comply with sanctions and enforcement directives.
The reasons behind this specific blacklist event remain undisclosed in the available data. No statement from Centre or regulatory agencies has been published explaining the action. Whether the address was flagged for sanctions compliance, fraud investigation, or another enforcement matter is not known.