Tether Freezes $4.2B in USDT to Fight Crime

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The post Tether Freezes $4.2B in USDT to Fight Crime appeared first on Coinpedia Fintech News

Tether has frozen roughly $4.2 billion in USDT linked to illegal activities, including $3.5 billion since 2023. Recently, the company helped the U.S. Department of Justice block $61 million connected to “pig-butchering” scams. With a total circulating supply now above $180 billion, Tether can remotely freeze tokens in user wallets when requested by authorities, demonstrating how stablecoins can play a role in combating crypto-related crime.