Tether has frozen approximately $4.2 billion worth of USDT linked to illicit activity, marking one of the largest enforcement efforts in the history of the stablecoin market. According to Reuters, roughly $3.5 billion of that total has been frozen since 2023, signaling an aggressive compliance shift by the world’s largest stablecoin issuer. The figures highlight the scale at which USDT circulates globally, and the level of scrutiny now surrounding its use. This week alone, Tether assisted U.S. authorities in blocking nearly $61 million tied to so-called “pig-butchering” scams, a fast-growing category of cross-border crypto fraud. The scale of the freezes
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