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Tether freezes $1.45M USDT in THORChain vaults, halting Tron swaps and liquidity operations

Market News
09 Oct 2026
Crypto Briefing
View Source
Bearish
Tether freezes $1.45M USDT in THORChain vaults, halting Tron swaps and liquidity operations

Tether has blacklisted four THORChain vault addresses on the Tron network, freezing about 1.45 million USDT and stopping Tron-based cross-chain swaps and liquidity-provider functions. THORChain received no prior notice, causing immediate disruption to users relying on stablecoin access through these vaults. This incident highlights a vulnerability in decentralized finance where centralized issuers like Tether can freeze assets, limiting protocol neutrality. The next steps include whether THORChain will restore service and if Tether will clarify or reverse the freeze.

Tether's freezing of four THORChain vaults is notable alongside Pluang's market data snapshot. For readers following cryptocurrency markets, here is Pluang's market snapshot as of Oct 09, 2026 22:42 WIB: out of 50 major cryptocurrencies priced on Pluang, 39 rose and 10 fell today. Among notable movers, ATOM (Cosmos) rose 16.00% to Rp35.621 with a typical hold time of 60 days and a Pluang order activity of 23% Sell / 77% Buy; DOT (Polkadot) increased 12.24% to Rp20.878 with a typical hold time of 121 days and 25% Sell / 75% Buy order activity; BAL (Balancer) gained 11.14% to Rp16.297 with a typical hold time of 85 days.

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