Tether Freezes About $515 Million in USDT Across Ethereum and Tron

According to BlockSec’s USDT Freeze Tracker, Tether blacklisted 371 addresses over the past 30 days, with most of the actions occurring on the Tron blockchain.

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Summary

Tether froze about $515 million worth of USDT over the past 30 days on Ethereum and Tron, according to BlockSec’s USDT Freeze Tracker. As of May 7, 2026, the stablecoin issuer had blacklisted 371 addresses, including 329 on Tron and 42 on Ethereum. Address blacklisting is a compliance tool that allows centralized stablecoin issuers to restrict token transfers tied to sanctions, fraud investigations, or illicit activity.

Terms & Concepts
  • USDT: A U.S. dollar-pegged stablecoin issued by Tether, designed to maintain a value close to $1 per token.
  • Blacklisting: A centralized control mechanism that blocks specific blockchain addresses from sending or receiving tokens.
  • Tron: A blockchain network widely used for stablecoin transfers, often favored for its low transaction costs and fast settlement.