Tether has frozen $28 million USDT linked to Russian crypto exchange Garantex amid concerns over illicit activities. The move aligns with U.S. sanctions, as Garantex was blacklisted by the U.S. Treasury for allegedly facilitating money laundering. Tether’s action follows increased regulatory scrutiny on stablecoins used in sanctioned jurisdictions. While the company claims to support law enforcement efforts, critics argue that freezing assets contradicts crypto’s decentralization principles. This highlights growing compliance pressures on stablecoin issuers. The incident raises questions about regulatory enforcement in crypto markets and the potential impact on users relying on such exchanges for transactions.
LIVE
Mkt Cap $2.29T
BTC Dom 56.76 %
BTC
$64,864.00
▲ +0.90%
ETH
$1,912.11
▲ +0.50%
USDT
$0.999497
▲ +0.00%
BNB
$591.08
▼ -0.40%
USDC
$0.999709
▲ +0.00%
XRP
$1.03
▼ -0.60%
SOL
$73.91
▲ +1.60%
TRX
$0.327657
▲ +0.20%
FIGR_HELOC
$1.02
▲ +0.20%
HYPE
$54.11
▼ -3.00%
DOGE
$0.069878
▲ +0.90%
USDS
$0.999872
▲ +0.00%
RAIN
$0.012712
▲ +1.30%
LEO
$9.71
▼ -0.50%
ZEC
$506.08
▲ +0.10%
ADA
$0.201098
▼ -0.50%
XMR
$380.81
▲ +3.00%
WBT
$56.10
▲ +0.80%
LINK
$8.19
▼ -0.30%
XLM
$0.16177
▲ +0.00%
DAI
$0.999965
▲ +0.00%
BCH
$216.21
▲ +1.30%
USD1
$0.999896
▲ +0.00%
USDE
$0.99973
▲ +0.00%
GRAM
$1.35
▼ -1.30%
Mkt Cap $2.29T
BTC Dom 56.76 %
BTC
$64,864.00
▲ +0.90%
ETH
$1,912.11
▲ +0.50%
USDT
$0.999497
▲ +0.00%
BNB
$591.08
▼ -0.40%
USDC
$0.999709
▲ +0.00%
XRP
$1.03
▼ -0.60%
SOL
$73.91
▲ +1.60%
TRX
$0.327657
▲ +0.20%
FIGR_HELOC
$1.02
▲ +0.20%
HYPE
$54.11
▼ -3.00%
DOGE
$0.069878
▲ +0.90%
USDS
$0.999872
▲ +0.00%
RAIN
$0.012712
▲ +1.30%
LEO
$9.71
▼ -0.50%
ZEC
$506.08
▲ +0.10%
ADA
$0.201098
▼ -0.50%
XMR
$380.81
▲ +3.00%
WBT
$56.10
▲ +0.80%
LINK
$8.19
▼ -0.30%
XLM
$0.16177
▲ +0.00%
DAI
$0.999965
▲ +0.00%
BCH
$216.21
▲ +1.30%
USD1
$0.999896
▲ +0.00%
USDE
$0.99973
▲ +0.00%
GRAM
$1.35
▼ -1.30%
BTC
$64,864.00
▲ +0.90%
ETH
$1,912.11
▲ +0.50%
USDT
$0.999497
▲ +0.00%
BNB
$591.08
▼ -0.40%
USDC
$0.999709
▲ +0.00%
XRP
$1.03
▼ -0.60%
SOL
$73.91
▲ +1.60%
TRX
$0.327657
▲ +0.20%
FIGR_HELOC
$1.02
▲ +0.20%
HYPE
$54.11
▼ -3.00%
DOGE
$0.069878
▲ +0.90%
USDS
$0.999872
▲ +0.00%
RAIN
$0.012712
▲ +1.30%
LEO
$9.71
▼ -0.50%
ZEC
$506.08
▲ +0.10%
ADA
$0.201098
▼ -0.50%
XMR
$380.81
▲ +3.00%
WBT
$56.10
▲ +0.80%
LINK
$8.19
▼ -0.30%
XLM
$0.16177
▲ +0.00%
DAI
$0.999965
▲ +0.00%
BCH
$216.21
▲ +1.30%
USD1
$0.999896
▲ +0.00%
USDE
$0.99973
▲ +0.00%
GRAM
$1.35
▼ -1.30%
Mkt Cap $2.29T
BTC Dom 56.76 %
BTC
$64,864.00
▲ +0.90%
ETH
$1,912.11
▲ +0.50%
USDT
$0.999497
▲ +0.00%
BNB
$591.08
▼ -0.40%
USDC
$0.999709
▲ +0.00%
XRP
$1.03
▼ -0.60%
SOL
$73.91
▲ +1.60%
TRX
$0.327657
▲ +0.20%
FIGR_HELOC
$1.02
▲ +0.20%
HYPE
$54.11
▼ -3.00%
DOGE
$0.069878
▲ +0.90%
USDS
$0.999872
▲ +0.00%
RAIN
$0.012712
▲ +1.30%
LEO
$9.71
▼ -0.50%
ZEC
$506.08
▲ +0.10%
ADA
$0.201098
▼ -0.50%
XMR
$380.81
▲ +3.00%
WBT
$56.10
▲ +0.80%
LINK
$8.19
▼ -0.30%
XLM
$0.16177
▲ +0.00%
DAI
$0.999965
▲ +0.00%
BCH
$216.21
▲ +1.30%
USD1
$0.999896
▲ +0.00%
USDE
$0.99973
▲ +0.00%
GRAM
$1.35
▼ -1.30%
