According to on-chain data monitoring tool Whale Alert, on Sunday, Tether simultaneously froze a total of over $182 million worth of USDT across 5 wallet addresses on the Tron blockchain, marking the largest freeze operation on the Tron chain in recent months.
On-chain data shows that these 5 addresses hold between approximately $12 million and $50 million worth of USDT each; as for the specific reasons for freezing these assets, Tether has not yet provided an explanation.
The freeze operation on January 11th coincides with Tether’s official implementation of its wallet freezing policy starting in December 2023. This policy is primarily designed to comply with the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) “Specially Designated Nationals (SDN)” sanctions list.
Tether explicitly states in its terms of service that it reserves the right to proactively freeze addresses or provide user information to relevant authorities when receiving court orders or when the company deems it “reasonable and necessary.”
According to information disclosed on Tether’s official website, to date, the company has assisted over 310 law enforcement agencies across 62 jurisdictions worldwide, freezing more than $3 billion worth of USDT.
By July 2025, Tether had frozen over 2,380 wallets, with assets totaling approximately $1.14 billion, in cooperation with U.S. law enforcement agencies such as the FBI and the Secret Service.
Tether simultaneously froze $182 million USDT involving 5 Tron wallets
Interestingly, Tether’s enforcement strength shows a significant gap compared to its competitor Circle (issuer of USDC). According to a report published by analytics firm AMLBot in December 2025, the total value of assets frozen by Tether since 2023 is 30 times that of Circle ($109 million).
Currently, USDT has a circulating supply of over $187 billion, dominating 64% of the stablecoin market share. In contrast, USDC, which follows a compliant route and is based in the U.S., maintains a total supply of around $75 billion.
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