US Officials Freeze $344 Million in Tether’s USDT Linked to Iran
BeInCrypto
US authorities and Tether have frozen $344 million in USDT linked to Iranian state actors to disrupt the regime's illicit financial channels.Summary
US officials, in coordination with Tether, have frozen $344 million in USDT across two cryptocurrency addresses connected to the Iranian regime. Investigations revealed these funds were routed through Iranian exchanges and Central Bank of Iran wallets to bypass international sanctions. Treasury Secretary Scott Bessent described the action as part of a broader strategy to eliminate financial lifelines used by Tehran. While experts debate the long-term efficacy of such seizures, the move underscores the increasing role of stablecoins in Iran's efforts to maintain trade under economic pressure, as well as Tether's growing cooperation with global law enforcement agencies.
(Source：BeInCrypto)