Tether freezes $182 million USDT in a single day, with stablecoins dominating illegal crypto fund flows

2026-01-12 02:58:32

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Whale Alert data shows that on January 11, Tether froze over $182 million worth of USDT within 24 hours, targeting 5 Tron chain wallets, with single transactions ranging from $12 million to $50 million.

Although cryptocurrencies are designed to be censorship-resistant, stablecoins, which account for 60% of the market, are highly centralized. Tether has the ability to instantly freeze funds at the smart contract level and often cooperates with law enforcement agencies such as the U.S. Department of Justice, FBI, and Secret Service.

Chainalysis data indicates that by the end of 2025, stablecoins account for 84% of all illegal transaction volume. AMLBot reports that between 2023 and 2025, Tether froze approximately $3.3 billion in assets and blacklisted 7,268 wallet addresses. Despite this, the USDT market cap remains at $187 billion, accounting for 60% of the stablecoin market.

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