Cryptocurrency Q&A
Can USDT be frozen?
Can USDT be frozen?
Isabella
Tue Feb 25 2025
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7
answers
2223
I'm wondering if USDT, the cryptocurrency token, can be frozen like traditional bank accounts. I want to know if there's a mechanism or regulation that allows authorities or exchanges to freeze USDT tokens in certain situations.
7 answers
HallyuHeroLegendaryStar
Thu Feb 27 2025
However, they are not decentralized as one might initially assume.
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DigitalDragon
Thu Feb 27 2025
Instead, they are managed by centralized companies.
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BlockchainWizard
Thu Feb 27 2025
Tether is the company behind the stablecoin USDT.
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GeishaMelody
Thu Feb 27 2025
Stablecoins USDT and USDC have gained immense popularity in the cryptocurrency market.
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Alessandro
Thu Feb 27 2025
Circle is responsible for managing the stablecoin USDC.
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