U.S. seeks 61.19 million Tether USDt: What it means for the Tether USDt price

Published on 10/20/2026 at 13:00 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The October 19, 2026 case targets funds tied to 10 Tron addresses. The Tether USDt price stands at 0.9993 USD on October 20, 2026.

Regulation and network expansion

U.S. prosecutors targeted 61.19 million Tether USDt on October 19, 2026, in a civil forfeiture case.
Utexo plans three Bitcoin-based services for USDT, including private transfers and direct swaps.
The Tether USDt price stands at 0.9993 USD as of October 20, 2026.
THORChain resumed operations involving 1.45 million USDT on October 9, 2026.

Tether USDt, XCRYPTOUSDT4, Illustration mit AI erstellt.

Tether USDt (USDT) is tied to a U.S. civil forfeiture case targeting 61.19 million tokens on October 19, 2026, while the Tether USDt price remains near its dollar peg. Ground News reported that the complaint covers USDT held across 10 Tron addresses and alleges the funds came from sanctioned Iranian oil sales.

Forfeiture claim covers 61.19 million tokens

The case names 61,192,367.59 USDT and concerns assets held at an identified cryptocurrency address, according to Ground News. The report also said that 9.02 million USDT had been burned and reissued to a government address, based on the Justice Department complaint. A burn removes tokens from circulation, while reissuance creates replacement tokens at a new address. The allegations concern a specific group of Tron-based tokens and do not describe the full USDT supply.

Utexo targets three Bitcoin services

A separate October 2, 2026 plan would bring USDT back to the Bitcoin network through Utexo, a Tether-backed infrastructure project. CoinDesk reported that Utexo had received a commercial license to issue USDT on Bitcoin using the RGB protocol. RGB is a token system that keeps most transaction data away from Bitcoin's public ledger. The project lists three intended uses: private USDT transfers, direct swaps between native bitcoin and USDT, and loans backed by native bitcoin. The same report said Utexo would distribute a blacklist of Bitcoin transaction outputs tied to sanctioned or illicit activity, creating a compliance mechanism different from freezing an Ethereum address.

Operational restrictions have also affected USDT liquidity. On October 9, 2026, Tether unfroze 1.45 million USDT held across four THORChain vaults on Tron, allowing trading to resume, according to CoinEdition. The incident shows how address-level controls can affect applications that rely on stablecoin transfers.

Investing.com lists a 0.9999 USD high

The Tether USDt price is 0.9993 USD as of October 20, 2026, according to Investing.com. The daily high is 0.9999 USD and the daily low (UTC day) is 0.9992 USD. Investing.com lists market capitalization at 183.49 billion USD, rank 3, and 24-hour volume at 61.16 billion USD. Circulating supply stands at 183.67 billion USDT. The page identifies Tether USDt as USDT and shows a stablecoin trading close to the 1.00 USD target.