Defi
Tether CEO Says Addresses Frozen Weeks Ahead of Sanctions, Driving 94% Drop in Iran-Linked Volumes
The Daily Hodl·October 20, 2026·1 min read
Tether CEO said the company froze suspicious addresses weeks ahead of official sanctions, driving a 94% drop in Iran-linked stablecoin volumes. The proactive freezes outpaced sanctions and analytics labels, sharply reducing activity. This highlights Tether's compliance efforts and the impact of preemptive action on illicit crypto flows.
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