Stablecoin issuer Tether froze about $1.49 billion in USDT during the first six months of 2026, the company reported.

Scale and distribution

The amount frozen in H1 2026 exceeded the volume for the whole of 2025, approximately $1.25 billion, and surpassed 2024’s about $1.4 billion.

The overwhelming share of those frozen funds was on the Tron network, which accounted for 98.3% of all frozen USDT, reflecting that network’s low fees and high transfer volumes.

Addresses and average balances

Although the total number of frozen addresses fell to 1,789 in the first half of 2026, this contrasts with 3,481 frozen addresses a year earlier.

At the same time, the average balance per frozen wallet rose nearly fourfold, increasing from $228,000 to $833,000.

Enforcement approach and timing

Tether has increasingly adopted a preventive stance, freezing suspicious addresses before funds are withdrawn or moved, the company indicated.

The rise in freezes coincided with a period of regulatory tightening in the United States, the United Kingdom and the European Union, according to the report.