Tether has frozen more than $182 million worth of USDT linked to five wallet addresses on the Tron blockchain, marking one of the largest coordinated stablecoin freezes in recent months. The action reflects the stablecoin issuer’s continued focus on law enforcement cooperation and regulatory compliance amid rising scrutiny of illicit crypto activity.
Onchain data showed that multiple Tron-based wallets were blacklisted within the same day, with individual balances ranging from approximately $12 million to $50 million. The freezes were carried out as part of an ongoing investigation, following formal requests from authorities. Tether stated that such actions are taken when wallets are suspected of being connected to illicit activity or sanctions violations.
According to onchain data and reporting from Whale Alert;
The move aligns with Tether’s voluntary wallet-freezing policy, introduced in late 2023 to support global sanctions enforcement. Under its terms, the company may freeze assets or share user information when deemed necessary or when legally required.
Tether’s enforcement footprint has expanded significantly. The issuer has now blocked over $3 billion in USDT worldwide, assisting hundreds of agencies across dozens of jurisdictions. In the United States alone, thousands of wallets holding more than $1 billion in USDT have been restricted in cooperation with federal authorities.
Data shows that the total value of USDT frozen since 2023 far exceeds that of rival stablecoins underscoring Tether’s dominant role. With over $187 billion in circulation, USDT remains the largest stablecoin, even as stablecoins continue to account for the majority of illicit crypto transaction volume globally.
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This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.