The Centre Consortium, the organization behind the stablecoin USDC, has just blacklisted seven Ethereum addresses, according to data from Dune Analytics.
The Block has reported that Centre has taken this action after receiving a request from law enforcement agencies. Sources have told the publication:
"Centre complies with binding court orders that have appropriate jurisdiction over the organization."
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This is the second such measure in the history of USDC. In July last year, Centre blacklisted a user's Ethereum account with 100,000 USDC.
Visa and Crypto.com launched a pilot program in March to integrate USDC payments.