Episode Details

Tether, the leading stablecoin issuer, has significantly increased its efforts to freeze high-risk funds, with over $514 million frozen across Ethereum and Tron networks in the last 30 days, affecting 370 addresses. This surge in enforcement actions follows a trend from 2025, where Tether blacklisted $1.26 billion across 4,163 addresses. Tethers aggressive stance on freezing funds has led to real-world cases, such as collaborating with the US Treasury to freeze funds linked to Iran sanctions evasion and seizing funds from scams. Over three years, Tether has frozen around $3.3 billion across 7,268 addresses, outpacing competitors like Circle in enforcement actions. This increased enforcement has sparked debate on the extent of control stablecoin issuers should have over freezing funds, but Tether continues to play a crucial role in crypto policing.

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