Tether froze about 1.49 billion USDT on Tron in the first half of 2025, CoinKyt says

Tether froze about 1.49 billion USDT on the Tron network in the first six months of this year, according to analysts at the Russian platform CoinKyt. For PSPs and high-risk operators, the useful part is not the headline number; it is the direction of travel: more preemptive wallet freezes, larger balances per frozen address, and a compliance posture that is getting tighter in the US, the UK, and the EU.

1. CoinKyt said the amount frozen in H1 2025 already exceeded the totals for the previous two years. For comparison, about $1.25 billion in USDT was frozen in 2025, while about $1.4 billion was frozen in 2024.
2. Tron accounted for 98.3% of all frozen funds. CoinKyt linked that concentration to Tron’s popularity among USDT holders, driven by low fees and the large circulation of the stablecoin on the network.
3. The analysts said the rise in freezes coincided with tighter regulation in the US, the UK, and the European Union. In their view, Tether is increasingly using a preventive control model, freezing suspicious addresses before funds are withdrawn or moved.
4. CoinKyt also noted a change in the structure of freezes: 1,789 addresses were added to the blacklist in the first six months, compared with 3,481 a year earlier. At the same time, the average amount on a frozen wallet rose almost fourfold, from $228,000 to $833,000.
5. Separately, Tether, Tron, and TRM Labs said their T3 Financial Crime Unit (T3 FCU) had frozen more than 450 million USDT tied to illegal activity. Those freezes began in 2024.

For high-risk payment teams, the practical takeaway is straightforward: USDT on Tron is still heavily used because it is cheap to move, but the frozen-address risk is not theoretical. If your flow depends on stablecoin settlement, the operator behind the wallet now matters almost as much as the wallet itself.