2026-01-12 14:27:23

A noteworthy event occurred over the weekend—Tether froze $182 million worth of USDT on the TRON network, involving five different wallet addresses. What seemed like a routine operation actually reflects the ongoing expansion of stablecoin issuers' power. This also forces us to reconsider a question: in a highly centralized stablecoin system, how much counterparty risk do on-chain users really face? Censorship risk? Every freezing event serves as a reminder that we need to be more cautious when managing on-chain assets. This is both a challenge and a reflection for the decentralized ideal of the entire ecosystem.

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ForkItAll

· 18h ago

$182 million frozen, is this what they call "true decentralization"? LOL --- The moment USDT was frozen, I was thinking, what are we still discussing about on-chain freedom? --- Tether's move was brilliant, making everyone rethink where to store their coins safely. --- A reminder again— the more stable a stablecoin is, the more centralized the power becomes. --- Five wallets frozen simultaneously, this is the cost of trust, everyone. --- Does no one ask who was frozen? Feels like there's definitely a story behind it. --- How long can centralized stablecoins last before people truly wake up?

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LightningClicker

· 18h ago

182 million USD frozen instantly. This is not stablecoin at all, it's just a centralized cash machine. Tether dominates everything, and we're still dreaming of decentralization. Five wallets seized at once—this is just bank account freezing in the Web3 era. Still dare to say USDT is decentralized? Laughable. They can freeze whoever they want. On-chain isn't safe either; we need to be cautious of these stablecoin issuers. With such strong censorship power, what's the point of holding tokens? This freezing incident has once again sounded the alarm for me. We really need to diversify risks.

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NFTBlackHole

· 18h ago

1.82 billion frozen instantly, this USDT really isn't our USDT --- Here we go again... Tether is getting smoother and smoother, it feels like we're all on their chopping board --- So holding coins means you have to be constantly on edge? What’s the point of stablecoins then? --- Five wallets frozen at once, what else can we do? Just have to accept it --- Decentralization, huh? But all the power is in Tether’s hands, hilarious --- I really don’t trust stablecoins anymore; my private keys are still the safest --- That’s why I’ve been resolutely avoiding USDT on Tron, I saw through it long ago --- The freeze events keep happening, the ecosystem hasn't learned, but we’ve learned not to trust

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ETH_Maxi_Taxi

· 19h ago

1.82 billion frozen, this is outrageous. USDT is really about to take off. --- So, in the end, stablecoins are just a joke. Centralized entities can't escape regulation. --- Frozen assets again? This TL really thinks of itself as a police officer. Should I still keep my U on exchanges? --- Five addresses frozen at once—too hardcore. Isn't this what Bitcoin is supposed to do? --- Every time this happens, I become more determined to self-custody. CeFi, goodbye, brothers. --- It's hilarious. The so-called decentralized chain is ultimately controlled by centralized coins. --- Wake up, everyone. Your USDT could disappear at any moment. This is the reality.

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