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Tether Fires Back After Senate Report Ties USDT to Iran

CoinCentral·September 29, 2026·1 min read
Tether Fires Back After Senate Report Ties USDT to Iran

Senate Democrats released a report claiming USDT is a key tool for Iran to evade sanctions, estimating Iran's shadow banking network made $2 billion in transactions last year. Tether says it helped freeze nearly $550 million in Iran-linked USDT during 2026. Investigators found 84% of 846 sanctioned wallets tied to the network.

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