Regulation· ★★★★· bearish·

Senate Democrats: 84% of Iran-linked sanctioned wallets used USDT

  • —Report covered 846 wallets sanctioned by OFAC and Israel between June 2021 and August 2026
  • —84% of Iran-linked wallets transacted primarily in USDT
  • —One sanctioned oil-smuggling network moved over $603 million in USDT
  • —Tether said it froze about $550 million in Iran-affiliated USDT in 2026
Why it matters: US scrutiny of Tether could raise regulatory risk for the largest stablecoin and its role in global settlements.
#USDT
Source: Crypto Briefing
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