Tether has blacklisted 371 addresses and frozen approximately $515 million in USDT over the past 30 days, according to blockchain data. The stablecoin issuer targeted 329 addresses on Tron containing $506 million in frozen USDT, while blacklisting 42 addresses on Ethereum holding $8.73 million.
The freezing activity reflects Tether's ongoing compliance enforcement across its two largest blockchain networks. While the company regularly freezes assets linked to sanctions violations, theft proceeds, and other illicit activity, the scale of recent action underscores both the concentration of USDT liquidity on Tron and the operational mechanisms available to centralized stablecoin issuers to immobilize funds on their networks.
Tether's blacklisting capabilities remain a structural feature distinguishing centralized stablecoins from decentralized alternatives, highlighting the trade-off between regulatory compliance and the immutability principles underlying distributed ledger technology.