Tether USDT Freezing Operations
Stablecoin issuer Tether has frozen approximately $4.2 billion worth of USDt tokens linked to suspicious criminal activities over the past three years. Most of these funds were restricted starting from 2023; regulators and law enforcement began more stringent oversight of crypto scams and sanctions evasion activities. The El Salvador-based firm stated in a statement to Reuters on Friday that it carried out the freezing by blacklisting wallet addresses on the blockchain at the request of authorities. USDT is the largest stablecoin with a circulating supply exceeding $180 billion, having grown significantly from $70 billion three years ago. These steps indicate increasing compliance in the stablecoin ecosystem.
Recent Freezes in USDT and Supply Decline
On Tuesday, Tether assisted the US Department of Justice in seizing approximately $61 million worth of USDt used in “pig-butchering” (romantic scam investment traps) operations. This month, it froze $544 million worth of crypto assets linked to illegal betting and money laundering operations at the request of Turkish authorities. According to blockchain analysis firm Elliptic, by the end of 2025, Tether and Circle have blacklisted a total of 5,700 wallets; three-quarters of the $2.5 billion in these addresses was USDt. USDT supply decreased by $1.5 billion in February and $1.2 billion in January, experiencing the largest monthly drop in three years; Tether attributed this to short-term distribution changes and emphasized a similar decline in USDC.
USDt market cap drops in past month. Source: CoinMarketCap
ALT Technical Analysis: Strong Supports
Stablecoin fluctuations are affecting the altcoin market. ALT is currently at $0.01 price in a downtrend, 24h change -10.77%, RSI 30.14 (oversold signal), Supertrend bearish, EMA 20: $0.0081. Potential supports are strong:
- S1: $0.0068 (Score: 80/100 ⭐ STRONG, -1.16% distance)
- S2: $0.0059 (Score: 67/100 ⭐ STRONG, -14.24% distance)
Resistances: R1 $0.0073 (67/100 ⭐ STRONG, +6.10%). Check ALT detailed analysis and futures. Market recovery could test the supports.
Source: https://en.coinotag.com/tether-froze-42-billion-usdt-details
