
PANews|Sep 25, 2025 09:05
[Circle is Exploring Reversible Transactions to Recover Funds in Fraud and Hacking Incidents]
According to Cointelegraph, stablecoin issuer Circle is exploring reversible transactions to help recover funds in cases of fraud and hacking, a move that appears to contradict the core principles of cryptocurrency transactions being irreversible and decentralized. Circle President Heath Tarbert revealed to the Financial Times that the company is researching mechanisms to reverse transactions in fraud or hacking incidents while still maintaining the finality of settlement. He admitted that there is an inherent contradiction between considering transaction reversibility and maintaining settlement finality. Tarbert also pointed out that while blockchain is often regarded as the future of finance, drawing on features of traditional finance can also be beneficial; the current financial system has advantages that blockchain does not yet possess. Some developers believe that, under the premise of mutual agreement among parties, introducing a certain degree of transaction reversibility for fraudulent activities is both necessary and feasible.
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