Tether Freezes $514 Million USDT Across 370 Addresses
What happened: BlockSec data shows Tether froze $514.
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