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

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. Why Did Tether Freeze Millions in USDT Without Warning? 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 source: https://beincrypto.com/tether-usdt-freeze-illicit-finance/