Tether CEO Paolo Ardoino said in a post on X that the stablecoin issuer had frozen more than 4.5 million USDT linked to the Mercado Bitcoin security incident

Tokens pegged to stable value, usually the US dollar, spanning issuers and reserves, depegs, and adoption by banks and payment networks.

Thefts and exploits that drain funds from exchanges, protocols and bridges, with their post-mortems, laundering routes and recoveries.