CoinGape·Oct 20, 2026, 6:57 AM UTC

Tether CEO Claims Wallet Freezes Cut Iran-Linked Stablecoin Volumes by 94% Since 2023

7 outlets reporting

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94%

Iran-linked volume drop

Tether CEO Paolo Ardoino pushed back against a U.S. Senate report on October 19, claiming the company’s proactive wallet freeze program has driven a 94% drop in Iran-linked stablecoin transaction volumes since 2023. Ad Ad What the 94% Drop…

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CoinDesk ↗
Tether: Senator's investigation misses positive work that's led to lower Iran volumes
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Tether says its freezes drove a 94% drop in Iran-linked stablecoin volumes
Cryptopolitan ↗
Tether's Ardoino disputes Blumenthal report on Iran sanctions timing
TokenPost ↗
Tether CEO Says Freezes Cut Iran-Linked Stablecoin Volume by 94%
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Tether CEO Disputes Senate Iran Findings, Cites Earlier USDT Freezes
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Tether CEO Defends Freeze Record as Senate Details 34-Wallet Delay

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Tether CEO Claims Wallet Freezes Cut Iran-Linked Stablecoin Volumes by 94% Since 2023

Also covered by 6 outlets

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