Iran's been moving $507M in $USDT to prop up the rial, per Elliptic. Senate dug into 846 Iran-linked wallets — 84% transacting almost entirely in Tether.
Now Bessent says US is about to seize ~$1B in Iran-linked crypto THIS WEEK.
Stablecoin rails aren't as neutral as people think. When nation-states start using $USDT for sanctions evasion at scale, the hammer comes down hard.
Watch how this plays out — could set precedent for future state-level crypto seizures.
Now Bessent says US is about to seize ~$1B in Iran-linked crypto THIS WEEK.
Stablecoin rails aren't as neutral as people think. When nation-states start using $USDT for sanctions evasion at scale, the hammer comes down hard.
Watch how this plays out — could set precedent for future state-level crypto seizures.