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Tether and Senate Democrats Clash Over Iran’s Shadow Crypto Network

Bitcoin.com News·September 28, 2026·1 min read
Tether and Senate Democrats Clash Over Iran’s Shadow Crypto Network

Tether disclosed it helped freeze nearly $550 million in Iran-linked USDT on Monday, the same day the Wall Street Journal published a Senate Democratic report detailing Iran's reliance on USDT. The report examined 846 crypto addresses linked to Iran, highlighting the stablecoin's role in the country's shadow banking network.

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