USDT is facing serious scrutiny in Washington. A U.S. Senate investigation found that 84% of 846 Iran-linked sanctioned wallets used Tether’s $USDT exclusively or almost exclusively. Tether says it has frozen around $550M in Iran-linked USDT this year, highlighting the other side of the debate: public blockchains can also make these funds traceable and freezeable. Is this a major risk for USDT or proof that blockchain transparency actually works? #USDT
