Tether CEO Says Wallet Freezes Cut Iran-Linked USDT Volumes by 94%

TLDR Tether CEO Paolo Ardoino says wallet freezes have cut Iran-linked stablecoin volumes by 94% since 2023. TRM Labs data shows Tether’s share of Iran-attributed wallet volume fell from 67% in 2025 to 14% by August 2026. Tether froze about $550 million in Iran-linked tokens in 2026, often weeks before U.S. sanctions were issued. The [...]

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