Citing Coinrise, Tether froze $3.3 billion in USDT between 2023 and 2025, blacklisting 7,268 addresses, with over 2,800 actions coordinated with U.S. law enforcement. In comparison, Circle froze $109 million across 372 addresses. Tether uses a freeze, burn, and reissue method, while Circle does not reissue frozen tokens. Most frozen Tether tokens were on Tron and Ethereum, while Circle’s frozen assets were primarily on Ethereum. Tether also launched PearPass, a free open-source password manager to enhance user security.
Tether Freezes $3.3 Billion in USDT, Blacklists 7,268 Addresses (2023–2025)
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Summary
Tether froze $3.3 billion in USDT from 2023 to 2025, blacklisting 7,268 addresses. Over 2,800 actions were taken in coordination with U.S. law enforcement. Most frozen tokens were on Tron and Ethereum. Circle, by comparison, froze $109 million across 372 addresses, mostly on Ethereum. Tether uses a freeze, burn, and reissue method, while Circle does not reissue. Tether also launched PearPass, a free open-source password manager. What is notable is the scale of crypto enforcement actions in recent years.
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