One Sanctions List and a Kill Switch: How Tether Enforces US Policy on Iran
The US sanctioned 4 crypto wallets tied to Iran’s Central Bank this week. Within hours, Tether froze $131 million in USDT sitting inside them. It took one Treasury replace and one flip of the Tether kill swap. USDT now doubles as a US sanctions weapon, and the business is break up over how issuers ought…
