It’s likely to go through to Payoneer as planned under the assurances that Payoneer has taken the proper measures to ensure these funds are delivered to users’ bank accounts.
When the Envato withdrawal system was turned into the payouts system, it eliminated the ability to postpone withdrawals in situations such as these. This is the thread in which this change was announced, you can read what its advocates had to say at the time.
According to Upwork’s response to this issue. This freeze only affects non-US customers.