The Block·
Tether’s USDT at center of Iran’s shadow banking network, new Senate Report says
Tether and its stablecoin have become central in "Iran's shadow banking system," according to a new Senate investigation.
Also covered by 4 outlets
- Crypto Briefing ↗Senate investigation finds rampant use of Tether’s stablecoin by Iranian regime
- BeInCrypto ↗Senate Says Iran Leans on Tether's USDT: Is Its $550 Million Freeze Record Enough?
- CoinDesk ↗Tether is a ‘lifeline’ for Iranian regime, Senate Dems say in new report
- The Defiant ↗Tether Says It Helped Freeze Nearly $550 Million in Iran-Linked USDT
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