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THORChain TRON USDT swaps paused after vault blocklist

A blocklist affected four of THORChain's six TRON vaults, holding about 93% of its TRON USDT and prompting a payout queue estimated at roughly $363,000.

Reported · Written up by our desk · Market Structure

THORChain interrupted its TRON operations on Oct. 9 after a USDT vault blocklist, according to reports cited by CryptoSlate. A researcher put the affected balance at about 1.45 million USDT, and both the co-founder and the researcher later said the restrictions were reversed.

In the initial analysis, the researcher said block 86958330 blocklisted four of THORChain's six TRON vaults. Those vaults reportedly held 93% of the protocol's TRON USDT, concentrating the disruption in balances needed to process payments on that route.

CryptoSlate said TRON trading, transaction signing, and liquidity-provider actions halted about 27 minutes later, with roughly $363,000 in payouts queued during the freeze.

The co-founder said the protocol received no communication before the action and did not know why it happened. Later updates cited by CryptoSlate said the affected addresses appeared unfrozen and TRON USDT swaps had resumed.

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