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U.S. Senate investigation finds widespread use of Tether (USDT) by Iranian regime to evade sanctions.
The vast majority of transactions involving wallets linked to Iran and subject to sanctions involve the Tether (USDT) stablecoin, according to a report that U.S. Senate Democrats plan to release on Monday. The report states that USDT has become the primary payment method for the Iranian regime to circumvent U.S. sanctions and has been used to fund terrorist organizations such as Hezbollah.
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