🚨 3.29 million USDT was urgently frozen! The stablecoin giant strikes directly at on-chain hackers



The stablecoin issuer Tether strikes again to target on-chain hackers.

Its CEO Paolo Ardoino said on the X platform:
Tether has successfully frozen 3.29 million USDT from a hacker address, which is related to the Rhea Finance attack.

In short, that money that might have been transferred or laundered has already been locked on-chain directly, and the hackers can’t use it for now.

What’s even more interesting is that in his post, Paolo Ardoino specifically emphasized one line:
“Tether takes this matter very seriously.”

Many market participants believe that this wording also seems to hint at another stablecoin issuer — Circle.
Because in recent security incidents such as Drift, hackers transferred funds via USD Coin, but the related assets were not restricted in a timely manner.

📊 This incident has once again sparked discussion across the industry:
Should stablecoins proactively intervene in on-chain assets during security events?

On the one hand, freezing funds can protect users’ assets and the safety of the ecosystem;
On the other hand, it also makes the market think again about the authority boundaries of centralized stablecoins.

🌱 Here’s an investing takeaway for everyone:

In the crypto world,
technology can create wealth, but trust is the true underlying asset of the ecosystem.

Whoever can safeguard security and trust at critical moments,
is more likely to win long-term market consensus. 🚀
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