The Block·
Tether’s USDT at center of Iran’s shadow banking network, new Senate Report says
Tether and its stablecoin have become central in "Iran's shadow banking system," according to a new Senate investigation.
Also covered by 11 outlets
- Crypto Briefing ↗Senate investigation finds rampant use of Tether’s stablecoin by Iranian regime
- BeInCrypto ↗Senate Says Iran Leans on Tether's USDT: Is Its $550 Million Freeze Record Enough?
- CoinDesk ↗Tether is a ‘lifeline’ for Iranian regime, Senate Dems say in new report
- The Defiant ↗Tether Says It Helped Freeze Nearly $550 Million in Iran-Linked USDT
- Unchained ↗Sen. Blumenthal Urges Treasury and DOJ to Investigate Tether Over Iran’s Use of USDT
- Bitcoin.com News ↗Tether and Senate Democrats Clash Over Iran’s Shadow Crypto Network
- Crypto Briefing ↗Tether’s USDT linked to Iran’s shadow banking system, Senate report finds
- Cointelegraph ↗Tether says it helped freeze $550M in Iran-linked USDT this year
- CryptoPotato ↗Tether Freezes Nearly $550M in Iran-Linked USDT in 2026 as US Crackdown Expands
- CryptoSlate ↗Tether claims $550 million in Iran freezes, but $35 million slipped past Senate
- Decrypt ↗US Senator Blumenthal Calls Tether's USDT a 'Superhighway' for Iranian Sanctions Evasion
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