Tether Freezes $550 Million in Iran-Linked USDT as U.S. Lawmakers Seek Investigation
Tether says it helped authorities freeze nearly $550 million in Iran-linked USDT during 2026, highlighting the growing role of stablecoins in sanctions enforcement while drawing renewed scrutiny from U.S. lawmakers. The company disclosed on September 28 its actions against wallets connected to Iran’s central bank and other sanctioned networks. The announcement followed a report from…