US turns stablecoin issuer Tether into a financial weapon against Iran, freezing nearly $500 million
US authorities have used Tether’s management over its dollar-linked stablecoin to freeze about $475 million linked to Iran in lower than three months, extending Washington’s sanctions attain past the normal banking system. On July 14, the US authorities sanctioned 4 wallets on the Tron blockchain holding roughly $131 million in USDT. These addresses are linked…
