Tether froze over $500M USDT in 30 days as blacklist total hit $1.26B in 2025
Tether froze over $514 million USDT across 370 addresses in the past 30 days as its 2025 blacklist swelled to $1.26 billion, underscoring how centralized stablecoins now function as embedded enforcement rails for global regulators and law enforcement.Tether has frozen more than $514 million USDT across 370 addresses in the past 30 days, mostly on Tron.BlockSec says Tether blacklisted 4,163 addresses in 2025, freezing a total of $1.26 billion USDT on Ethereum and Tron.The growing use of blacklists underscores how centralized stablecoins now operate as de facto enforcement tools embedded in crypto rails. Tether has frozen over $514 million worth of USDT in the last 30 days, locking funds across 370 addresses on Ethereum and Tron, according to data cited by Cointelegraph. BlockSec‘s USDT Freeze Tracker shows that about $506 million of the frozen tokens sit on Tron and roughly $8.73 million on Ethereum, once again highlighting Tron’s central role in USDT flows. Separately, BlockSecs on-chain report, titled “$1.26 Billion Frozen: USDT Blacklisting on Ethereum and Tron in 2025,” found that Tether blacklisted 4,163 unique addresses last year, freezing a cumulative $1.26 billion in USDT and permanently destroying more than half of it via its destroyBlackFunds function. How Tethers blacklists work at scale BlockSecs researchers