Tether Says It Helped Freeze $550M in Iran-Linked USDT as Senate Scrutiny Intensifies

Tether says it froze nearly $550 million in Iran-linked USDT in 2026 as Democratic Senate staff examine stablecoin use and controls. The freeze highlights Tether's role in enforcing sanctions and the growing scrutiny of stablecoins by regulators. The move could impact how stablecoins are used and monitored globally.