Defi
Tether CEO disputes Senate report, claims 94% drop in Iran-linked stablecoin activity
AMB Crypto·October 20, 2026·1 min read
Tether CEO Ardoino disputed a Senate report, claiming a 94% drop in Iran-linked stablecoin activity. He defended Tether's response to sanctioned wallets as Senate investigators questioned delays that allegedly allowed millions in USDT to move, highlighting ongoing scrutiny over stablecoin compliance and sanctions enforcement.
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