Secretary Scott Bessent announced the freeze of $344 million in cryptocurrency tied to Iran.

Tether confirmed it was THEIR USD₮, they cooperated with OFAC and U.S. law enforcement to freeze over $344 million in stablecoins.

On the surface this looks like normal private company + government cooperation.

But this is exactly why so many people are attracted to $BTC

No central issuer.

Hard-capped 21 million supply.

No government on earth can freeze it.