Bessent Targets $1 Billion in Iran-Linked Tether (USDT) Within a Week

Scott Bessent claimed the US can seize $1 billion in Iranian-linked crypto within a week, following about $550 million in Tether (USDT) freezes this year. The statement underscores the US government's ability to target and confiscate digital assets tied to sanctioned entities, highlighting the traceability of stablecoin transactions.