It is proved that Yablo’s paradox and the Liar paradox are equiparadoxical, in the sense that their paradoxicality is based upon exactly the same circularity condition—for any frame ${\mathcal{K}}$ , the following are equivalent: (1) Yablo’s sequence leads to a paradox in ${\mathcal{K}}$ ; (2) the Liar sentence leads to a paradox in ${\mathcal{K}}$ ; (3) ${\mathcal{K}}$ contains odd cycles. This result does not conflict with Yablo’s claim that his sequence is non-self-referential. Rather, it gives Yablo’s paradox a new (...) significance: his construction contributes a method by which we can eliminate the self-reference of a paradox without changing its circularity condition. (shrink)