OFAC Stablecoin FAQs
Answers to common questions about OFAC sanctions and stablecoins, covering USDC, USDT, and DAI transfers.
TL;DR
TL;DR: Stablecoin transfers are funds transfers subject to OFAC. Screen the recipient wallet before every USDC, USDT, or DAI send, and stop on a BLOCK result.
Why stablecoins are in scope
Stablecoins such as USDC, USDT, and DAI move value on-chain and are treated as funds transfers for OFAC purposes. Sending to a wallet on the SDN List is a violation under strict liability, so the recipient must be checked before broadcast. SanctionsAI integrates with Base/USDC, making the check available directly in that flow.
Common questions
- Which stablecoins are covered? The screening applies to any on-chain transfer, including USDC, USDT, and DAI.
- How is the check run? One HTTP call in under 100 ms, returning ALLOW or BLOCK.
- What data backs it? 947 OFAC-listed crypto wallets and 19,218 SDN names, synced hourly.