Why does Tether aggressively freeze $3 billion, 30 times more than its competitor Circle?


🔸The latest data shows that Tether has decisively frozen up to $3.3 billion, 30 times more than Circle's $109 million. With over 7,268 wallets blacklisted, Tether is demonstrating its boldness and close cooperation with U.S. authorities to crack down on crime more effectively than its rivals.
🔸Most bans occur on the Tron network, where criminals prefer to hide. Unlike Circle, which acts only when there is a court order, Tether applies a quick process of freezing, burning, and reissuing, making it clear that anyone involved in dirty money will lose everything without a chance to explain.
Do you guys feel nervous?
This article is for reference only; it is not investment advice. Please read carefully and consider thoroughly before making any decisions.
TRX0.12%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)