The platform now offers sanctions support on secondary markets.

In October, it blocked 32 crypto wallets linked to illegal activities in Ukraine and Israel.

Tether, the largest stablecoin issuer, is taking "proactive steps" to align its services with US sanctions policies and has announced a new "voluntary wallet-freezing policy."

Although Tether did not reveal any numbers in last week's announcement, Coindesk reported that the platform froze 41 wallets linked to persons and entities listed on the Office of Foreign Assets Control (OFAC) Specially Designated Nationals (SDN). According to on-chain data, one of the frozen wallets is associated with the $625 million Ronin Bridge attack.

Tether Extends Support of Sanction Rules

Currently, the wallet-freezing policy is limited to wallets on Tether's platform. Now, it is extending its reach to the secondary markets, supporting global regulators and law enforcement agencies.

"This strategic decision aligns with our unwavering commitment to maintaining the highest standards of safety for our global ecosystem and expanding our close working relationship with global law enforcement and regulators," said Paolo Ardoino, CEO of Tether.