Tether Freezes Stolen Funds. Circle Doesn't. Why?

Description

Tether has formal partnerships with Zero Shadow and other freeze professionals. They pre-build infrastructure for rapid response. Circle, despite being US-regulated, waits for court orders while stolen funds disappear. Michael Lewellen and Amanda Wick join Laura Shin to compare how the two largest stablecoin issuers handle stolen funds, why Tether's 50% threshold works, and what it means that the "unregulated" stablecoin protects victims better than the "compliant" one. This clip is from a longer conversation on the Drift hack and DPRK's intelligence operation. Full episode here: https://youtu.be/d2SkpalBGh4 We go live every Tuesday and Thursday ET. Subscribe to catch it live. ________________________________________________________________________________________________ Ether.fi is giving Unchained listeners 15% cashback on food and ride apps — and that's on top of the 3% you get on everything else. Your bank is charging you to use your own money. Laura switched and loves her card! Go to http://ether.fi/unchained to claim your offer. ________________________________________________________________________________________________ Bitcoin’s application layer, Citrea, launched its mainnet, expanding Bitcoin’s utility to privacy, lending, BTC yields, and more. Citrea enables: → cBTC: The first trust-minimized Bitcoin on a fully programmable platform. → ctUSD: A native stablecoin for Bitcoin, allowing for unified liquidity. → Bitcoin Capital Markets bringing demand, and utility to the Bitcoin Network. Explore the Citrea Ecosystem http://citrea.xyz/unchained ________________________________________________________________________________________________ Chapters: 🔄 00:00 How Tether's freeze partnerships work 🏛️ 01:30 Tether's El Salvador jurisdiction and what it means ⚖️ 03:00 Amanda on why Tether makes risk-based decisions, not legal-minimum ones 📊 04:30 The 50% threshold and how Tether decides when to freeze ________________________________________________________________________________________________ #bitcoin #ethereum #crypto #cryptocurrencies ++++++++++++++++++++++++++++++++++++++++++++++++ Subscribe to our channel! Website → https://unchainedcrypto.com Unchained Daily Newsletter (FREE!)→ https://unchainedcrypto.beehiiv.com/subscribe/ Unchained X → https://x.com/unchained_pod Apple → https://podcasts.apple.com/us/podcast/id1123922160?ls=1 Spotify → https://open.spotify.com/show/1cJrrfGY1SKBIRn5noKSAf?si=6SI4qIcRTEO7EhOe0V9n4w RSS Feed → https://feeds.megaphone.fm/LSHML4761942757 Unchained: Your no-hype resource for all things crypto!