Tether Freezes 218,022 USDT Tied to Bitget Hacker Address

The parallel freezes by Tether and Circle show stablecoin issuers are increasingly willing to act as de facto on-chain responders, turning centralized control into a practical containment tool. But the attacker's 1-to-8-minute holding window and cross-chain routing via Stargate and THORChain expose the limits of that model: by the time a freeze lands, most value has likely already left the token. The real question is whether issuers can coordinate fast enough to matter, or whether these freezes remain largely symbolic recoveries.