Tether, is this a move against the black and gray market activities on Brother Sun's chain? I just went to verify, and indeed, two transactions totaling $340 million USDT were frozen 40 minutes ago. Someone's probably feeling the pain right now. Currently, USDT transactions on the Tron chain account for about 30-50% of global USDT transaction volume, with an average daily transaction volume of approximately $21-22 billion (Q1 average). Historical peaks often exceed $20-30 billion per day. In 2025 alone, Tron processed around $7.9 trillion in USDT transactions, accounting for over 50% of global stablecoin/USDT transaction volume. Due to its anonymity and speed, USDT on Tron is highly convenient for cross-border transactions, rapid mixing/layering of funds. It’s frequently used by Southeast Asia/China-related criminal networks and has become one of the primary settlement layers for global money laundering, fraud, gambling, and cross-border black and gray market activities. On January 11, 2026, Tether teamed up with the U.S. DOJ to freeze approximately $182 million on the Tron chain. This $344 million freeze might be the largest in history.