And now, Tether, which has long been praised for freezing funds, is receiving criticism for how cleanly the freezes it does run actually execute. The stablecoin issuer has long been praised for its speed in freezing funds, especially compared to its main rival, Circle (USDC). However, this new criticism suggests that during the execution of Tether’s freezes, there is a significant time gap between proposal and finalization on the blockchain. Is there really a gap in Tether’s freeze execution? An analysis of 2,955 Tether freeze events on the Ethereum and TRON networks revealed the average time between a freeze proposal and its execution is 2 hours, 16 minutes, and 15 seconds.