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.
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
| Metric | TRON | Ethereum | Total |
|---|---|---|---|
| Addresses Banned | 486 | 84 | 570 |
| Addresses Unbanned | 19 | 0 | 19 |
| Funds Destroyed | 59 | 17 | 76 |
| 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
| # | Address | Network | Token | Amount | Date |
|---|---|---|---|---|---|
| 1 | 0x5227f603c1ee34ce3c06efe6477003bdfccb2f8c | ETH | USDT | 971,149,299.48 | Oct 29 |
| 2 | 0x655c2189c1f0c6ad7a13b45bba965610fa3ed85d | ETH | USDT | 8,747,745.32 | Oct 13 |
| 3 | TJgPGQrtaFDLFQbPhGzYSg1Ri7LU1m7on6 | TRON | USDT | 995,315.72 | Oct 30 |
| 4 | 0x8c1c499b1796d7f3c2521ac37186b52de024e58c | ETH | USDC | 914,131.7 | Oct 30 |
| 5 | TXUaTdjp7T9iB1FhMGra67uNCCv7G1AmKr | TRON | USDT | 97,998.45 | Oct 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.
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