Tether Freezes $550 Million in USDT Linked to Iran Sanctions
Tether has assisted in freezing approximately $550 million in USDT assets linked to the Central Bank of Iran and sanctioned networks throughout 2026, in coordination with U.S. Treasury enforcement actions. This includes $344 million frozen in April and $130 million in July, following guidance from the Office of Foreign Assets Control (OFAC). Tether has now collaborated with over 340 law enforcement agencies across 67 jurisdictions, freezing a total of $4.9 billion in illicit assets.
Summaries are written by AI from the original article. Not investment advice.