Tether has frozen nearly $3.3B in USDT linked to illicit funds since 2023

Tether, the issuer of the world's largest stablecoin USDT, has frozen approximately $3.3 billion in assets linked to illicit activities between 2023 and 2025, Cointelegraph reported, citing data from AMLBot. During the same period, rival issuer Circle froze $109 million in its USDC stablecoin, making Tether's frozen amount roughly 30 times larger. The statistics reportedly only include USDT and USDC on the Ethereum blockchain, suggesting the actual total of frozen funds could be higher.