# Etherfuse’s Stellar freeze and clawback powers

> Ketju’s Etherfuse file describes these powers as absent. Stellar’s account state contradicts that description and requires a review.

- URL: https://riadefi.com/on-chain/2026-11-05-etherfuse-stellar-cetes-issuer-flags/
- Type: Control change
- Stage: Confirmed
- Evidence: mixed
- Materiality: material
- Event date: 2026-11-05
- Version: 1, published 2026-11-05 (first published 2026-11-05)
- Follow-up: 2026-11-06
- Advisor-relevant: yes
- Affects: Etherfuse Stablebonds (asset)

Developing. Some claims here are not yet confirmed, and they are listed apart from the confirmed facts. Ketju publishes a new version when the primary evidence changes.

## What happened

Etherfuse’s CETES issuer has enabled revocation and clawback flags on Stellar, according to account state observed on November 5, 2026.

## What changed

Ketju’s Etherfuse file describes these powers as absent. Stellar’s account state contradicts that description and requires a review.

## What did not change

The account observation establishes no change to Etherfuse’s reserves or contractual redemption terms.

## Confirmed

- Stellar shows auth_revocable and auth_clawback_enabled as true for the CETES issuer.
- The issuer account identifies etherfuse.com as its home domain.
- Stellar dates the account’s last modification to October 25, 2026.

## Still open

- The account’s last modification date does not identify when Etherfuse enabled either flag.
- Ketju has not established which existing holder trustlines permit clawbacks.
- The evidence establishes issuer powers without confirming that Etherfuse froze or reclaimed any holder’s tokens.

## What it means for an advisor

- Ketju should review the Etherfuse file’s freeze and clawback descriptions before advisors rely on them.
- The review should distinguish the issuer’s account settings from the permissions on each holder’s trustline.

## Sources

1. [Etherfuse CETES issuer account](https://horizon.stellar.org/accounts/GCRYUGD5NVARGXT56XEZI5CIFCQETYHAPQQTHO2O3IQZTHDH4LATMYWC) · Stellar Horizon · 2026-11-05


---

Published by Ketju Research on RIADeFi (https://riadefi.com). Educational research for financial professionals; not investment, legal, tax, or compliance advice.