Stablecoin issuer freezes $514M in USDT across Tron and Ethereum wallets in 30 days

The leading stablecoin issuer has immobilized over $514 million in USDT tokens on Tron and Ethereum networks within a month, targeting 370 wallet addresses mostly on Tron. This action is part of ongoing efforts to combat fraud and comply with regulations, with $1.26 billion frozen year-to-date across both blockchains. The majority of freezes are permanent, highlighting the issuer's centralized control over stablecoin transactions, which continues to spark debate in the crypto community.