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.
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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.