Stablecoin freezes, explained
Short, plain guides to what a freeze is, who can do it, and what happens to the money. No jargon, and every number is checked against our records.
Every figure on these pages was checked against our records on 17 August 2026.
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How Tether freezes a USDT wallet
Tether can stop a wallet from moving its USDT, and it can destroy the balance. Here is how each works and how often it has happened.
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What is a stablecoin blacklist?
It is a list of wallet addresses, kept inside the coin’s own contract, that are not allowed to move it.
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What happens to frozen stablecoins?
Two different things can happen, and the difference is whether the money still exists.