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๐ง๐ฒ๐๐ต๐ฒ๐ฟ ๐ฟ๐ฒ๐ฐ๐ฒ๐ป๐๐น๐ ๐ณ๐ฟ๐ผ๐๐ฒ $๐ฏ๐ฐ๐ฐ๐ ๐ถ๐ป $๐จ๐ฆ๐๐ง
Tether has frozen more than $344 million USDT held in two Tron wallets after a request from U.S. law enforcement.
This is one of the biggest freeze actions weโve seen and it reminds everyone of one important thing:
โก๏ธ Stablecoins may be fast and easy to use, but they are still controlled by the company behind them.
โก๏ธ Unlike Bitcoin, USDT can be frozen at any time by the issuer, even if the funds are in your own private wallet.
โก๏ธ That means holding USDT is very different from holding BTC.
Bitcoin gives stronger ownership and is much harder to censor.
USDT is convenient, but it depends on trust and regulation.
This is why many people say:
โYou may own the wallet, but you donโt fully control the stablecoin.โ
A very important lesson for every crypto investor.
$USDT
@OKX Orbit
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