Tether Supported Freezing Nearly $550 Million in Iran-Linked USD₮ in 2026 Amid U.S. Sanctions Expansion
The company reaffirmed its cooperation with U.S. and international law enforcement as the U.S. Treasury expands its campaign against Iran's sanctions-evasion networks, including digital assets. This includes approximately $344 million frozen in April and over $130 million in July, targeting wallets identified as connected to Iran’s Central Bank and sanctions networks. Tether CEO Paolo Ardoino stated that USD₮ is not a haven for sanctioned actors, terrorist organizations, or criminal networks.
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
24H Trending
-
1
WTI crude oil rose 3.23% from its previous close, currently trading at $89.034
-
2
Gold fell 2.66% from its previous close, currently trading at $3,881.04.
-
3
The yield on the 30-year US Treasury bond rose by about 8 basis points from the previous close, currently standing at 5.44%.
-
4
The 10-year US Treasury yield rose by about 8 basis points from the previous close, currently standing at 5.08%.
-
5
Citadel Securities has poached Matthew Zimmerman from Diameter Capital Partners to head investment-grade corporate bond trading.
-
6
Google DeepMind has launched Gemini 4 Hydrogen, with pricing set at $1.50 and $7.50 per million tokens for input and output, respectively.
-
7
What is RCN coin? Where to trade and buy RCN coin?
-
8
Microsoft services suffer widespread outage impacting thousands of users in North America; Amazon Web Services and Google users also report disruptions
-
9
What is HNW coin? Where can HNW coin be traded and bought?
-
10
September Ethereum Price Outlook: Can Polymarket's $2,600 Target Be Achieved?
Markets Today
Recommended Reading



