USD1: V2 Upgrade Adds Drain and Reallocate Powers

USD1 stablecoin V2 contract, live since the April 2026 upgrade, grants admins drain and reallocate functions on frozen addresses that move user funds without signatures or private keys, according to Justin Sun quoting on-chain reviewer Phyrex Ni. Official World Liberty GitHub still shows the prior StablecoinV1 code lacking these calls, creating a documented mismatch between published source and deployed bytecode. The permission set surpasses USDC blacklist-plus-pause and USDT destroyBlackFunds, allowing direct transfer of any frozen USD1 amount to an admin-controlled wallet. WLFI token holders never voted on the added functions, mirroring the post-launch backdoor pattern previously observed with the WLFI token itself. Traders searching USD1 stablecoin risks or stablecoin centralization comparison now face explicit evidence that GitHub review alone understates current admin control.