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BTC $96,420 +2.34% ETH $3,280 +1.82% SOL $185.40 -0.92% BNB $642.50 +0.45% XRP $2.18 +3.12% DOGE $0.082 -1.50% ADA $1.05 +0.80% AVAX $42.10 +1.15%
05/09/2026

Tether Freezes $514 Million USDT Across 370 Addresses

What happened: BlockSec data shows Tether froze $514.

Tether Freezes $514 Million USDT Across 370 Addresses

What happened: BlockSec data shows Tether froze $514.64 million in USDT across 370 addresses in the past 30 days, with $505.91 million frozen on Tron and $8.73 million on Ethereum. This adds to $1.26 billion frozen in 2025, bringing the three-year total to approximately $3.3 billion across 7,268 addresses. Recent enforcement included $344 million frozen on Tron tied to Iran sanctions evasion.

Why it matters: The aggressive freezing activity highlights USDT's centralized control mechanisms and potential counterparty risks in DeFi. With only 3.6% of blacklisted addresses ever removed, the data suggests limited recourse for affected users, raising questions about censorship resistance in stablecoin infrastructure.

Source: Cointelegraph