Tether Freezes Over $180 Million as Stablecoins Dominate Illicit Crypto Flows

Tether usdt. Photo by BeInCrypto
Tether usdt. Photo by BeInCrypto

Tether, the issuer of the world’s largest stablecoin, froze more than $180 million worth of USDT over the last 24 hours.

On January 11, the blockchain tracking service Whale Alert flagged a series of five distinct freezing actions executed by Tether.

The operations targeted Tron-based wallets holding sums ranging from $12 million to $50 million, effectively wiping $182 million in value off the active ledger in a single day.

Tether's USDT Stablecoin Freeze.
Tether’s USDT Stablecoin Freeze. Source: Whale Alert

While the specific triggers for the seizures remain undisclosed, the scale and speed of the intervention point to high-level coordination with law enforcement agencies or a response to a critical…

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