This was mentioned on The Bitcoin Way livestream today, and what a fabulous website. I recently used USDT, Tether, over Ethereum to purchase an opensource crypto hardware wallet through AQUA Wallet and Liquid Bitcoin, and it was a wonky experience compared to Bitcoin, Lightning or even Monero. Given the amounts in blocked wallets below, I can only think people using it for international settlements? But the point of the website is that this is a centralized digital currency, so they have control to lock you out of your funds, or control how you utilize it. And since its heavily regulated, they have to adhere to government instructions. A real digital cryptocurrency should be like Bitcoin with decentralized mining and nodes, where no entity can prevent transactions from going through or lock your funds. They might be able to lock you out of exchange on-ramps or off-ramps converting to/from fiat currency, but you’re free to transact on the Bitcoin network with anyone and it can’t be blocked or changed. And if you’re on the Bitcoin Standard, they’re powerless and you don’t need an exchange. And this would be the same with Lightning Bitcoin and Monero as well.
The graph and top wallets frozen.
