<p>Indeed, USDC has a backdoor built in to allow for the freezing and/or seizure of funds if it is believed illicit activity is involved. In other words, any address can be blacklisted and funds frozen. Not very stable for a stable coin, right?</p>

CC BY-SA 4.0
2018-12-21T19:37:33.787Z
which stablecoin is the most "stable" out of all of them then?
Patoshi パトシ
CC BY-SA 4.0
2018-12-21T12:02:20.790Z
2018-12-21T12:02:20.790Z
Dominic Ward
<p>There has been a release of many stables coins recently. What are the differences from each? So far I know that Tether (usdt) is based out of the US banking system and everything else is in the US banking system and regulated. Also I read that the USDC and GUSD has a back door system to freeze and hold accounts if they wanted to. I wasn't sure if PAX had this same thing. What are all the listed pros/cons of each stable coin?</p>

<coinbase.com><tether><stable-coin>
Stable coins differences? (USDC - Coinbase / Circle, GUDS - Gemini, TUSD - Trust Token, PAX - PAXFUL, USDT - Tether)
Patoshi パトシ
# Stable coins differences? (USDC - Coinbase / Circle, GUDS - Gemini, TUSD - Trust Token, PAX - PAXFUL, USDT - Tether)

(Asked by: username_0 on 2018-10-27)

There has been a release of many stables coins recently. What are the differences from each? So far I know that Tether (usdt) is based out of the US banking system and everything else is in the US banking system and regulated. Also I read that the USDC and GUSD has a back door system to freeze and hold accounts if they wanted to. I wasn't sure if PAX had this same thing. What are all the listed pros/cons of each stable coin?

**Tags:** coinbase.com, tether, stable-coin


---

## 1 answers

### Answer by username_1 on 2018-12-21. Score: 1

Indeed, USDC has a backdoor built in to allow for the freezing and/or seizure of funds if it is believed illicit activity is involved. In other words, any address can be blacklisted and funds frozen. Not very stable for a stable coin, right?

> **Comments:**
> **username_0**: which stablecoin is the most "stable" out of all of them then?  

---

