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.
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