#StablecoinNews
🚨 Tether Freezes $85,877 in $USDT Tied to Stolen Funds 🚨
Tether, the largest stablecoin issuer, froze $85k in $USDT linked to illicit activity, collaborating with law enforcement. This adds to their record of freezing over $2.5B and blocking 2,090+ wallets. 🔐
While Tether’s centralized control allows quick action against scams—like the $225M freeze in 2023 or $700M targeting Iran-linked wallets in 2025—it’s sparking debate. Is this enforcement power turning stablecoins into CBDCs? 🤔
Critics on X warn of a “slippery slope” to centralized control, clashing with crypto’s ethos of financial sovereignty. Others praise Tether’s swift response to protect funds. 💸
What’s your take? Are stablecoin freezes a necessary tool or a step toward CBDC-like oversight? 🗳️