Safety

Tether Froze Over 4.5 Million USDT Linked to Mercado Bitcoin Incident

November 2, 2026, 3:17 PM UTC (3 hours ago) · 1 source · Summarized by CryptoBipto

Tether announced it froze more than 4.5 million USDT in connection with an incident involving Mercado Bitcoin, a major Brazilian cryptocurrency exchange. The freeze was carried out using Tether's ability to blacklist addresses on the blockchain, preventing the flagged funds from being moved.

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Stablecoins like USDT are digital tokens designed to hold a steady value, usually pegged to the US dollar.

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SOURCES

thedefiant.io

USDTStablecoinsUSDTAsset FreezingExchange SecurityTether

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