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October 2026 Stablecoin Blacklist Report โ€” 570 Addresses Banned, $2.6B Frozen

Monthly report: 570 addresses banned (-11% vs previous month), $2.6B frozen across TRON and Ethereum.

reportmonthlyusdtusdcblacklistoctober2026

October 2026 Stablecoin Blacklist Report

In October 2026, stablecoin issuers banned 570 addresses across TRON and Ethereum networks, freezing a total of $2.6B in USDT and USDC. This represents a -11% change compared to the previous month (640 bans).

Key Numbers

MetricTRONEthereumTotal
Addresses Banned48684570
Addresses Unbanned19019
Funds Destroyed591776
Volume Frozen$526.5M$2.0B$2.6B

Issuance and Redemption

Against this backdrop, issuers minted $23.2B across 115280 issuance events and redeemed $20.9B across 36778 events โ€” a net supply change of +$2.3B. Frozen funds amounted to 11.07% of what was issued this month.

Top 5 Largest Freezes

#AddressNetworkTokenAmountDate
10x5227f603c1ee34ce3c06efe6477003bdfccb2f8cETHUSDT971,149,299.48Oct 29
20x655c2189c1f0c6ad7a13b45bba965610fa3ed85dETHUSDT8,747,745.32Oct 13
3TJgPGQrtaFDLFQbPhGzYSg1Ri7LU1m7on6TRONUSDT995,315.72Oct 30
40x8c1c499b1796d7f3c2521ac37186b52de024e58cETHUSDC914,131.7Oct 30
5TXUaTdjp7T9iB1FhMGra67uNCCv7G1AmKrTRONUSDT97,998.45Oct 8

Network Breakdown

TRON continues to lead in ban volume with 486 bans and $526.5M frozen. Ethereum saw 84 bans with $2.0B frozen.

Unbans

19 addresses were removed from blacklists this month (19 on TRON, 0 on Ethereum).

Lost Funds

300 transfers totaling $215.2M were sent to banned wallets during October. These funds are permanently frozen and unrecoverable.

View all lost funds โ†’

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