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The PYUSD contract includes an `isFrozen` method that returns true if the address is frozen[1]. Since all of the transfers and activity on this coin happens on
by mattdesl 3y ago
The PYUSD contract includes an `isFrozen` method that returns true if the address is frozen[1]. Since all of the transfers and activity on this coin happens on Ethereum blockchain, all of it is transparent and trackable by any party.
It's a nice feature you get when building payment infrastructure on a public blockchain, compared to PayPal's traditional black box systems.
[1] https://etherscan.io/token/0x6c3ea9036406852006290770bedfcaba0e23a0e8#readProxyContract#F15 https://etherscan.io/token/0x6c3ea9036406852006290770bedfcab...