Tether Ban Debate Intensifies After Circle Blocked Heka Over USDC Arbitrage

15-Jul-2026 TronWeekly
Tether Ban Debate Intensifies After Circle Blocked Heka Over USDC ArbitrageNewly disclosed court filings have sparked discussion around a potential Tether ban after revealing that Circle blocked Malta-based crypto investment fund Heka from its platform in late 2023. Circle stated that it discovered suspicious patterns of Heka redeeming USDC and converting the proceeds into Tether’s USDT during the SVB crisis when USDC temporarily fell below […]
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