Tether Reports $550 Million in Iran-Linked USDT Freezes

Tether announced on September 28, 2026, that it has frozen approximately $550 million in USDT linked to Iranian entities. The company collaborated with U.S. authorities to identify and restrict wallets associated with the Central Bank of Iran and networks attempting to evade sanctions. This action follows the U.S. Treasury's launch of 'Operation Economic Outcast' in August, aimed at disrupting funding networks supporting the Iranian regime.