From TokenPost · · 40s
Tether Cuts Iran Stablecoin Volume by 94%
Tether CEO claims actions reduced Iran-linked stablecoin volume by 94% as investigations reveal wallet usage patterns.
In brief
Tether CEO claims actions reduced Iran-linked stablecoin volume by 94% as investigations reveal wallet usage patterns. Tether CEO Paolo Ardoino states actions cut Iran-linked stablecoin volume by 94%, while Senate investigators found 84% of Iran wallets used Tether USD. Originally reported by TokenPost.
Tether CEO Claims
Paolo Ardoino said Tether actions led Iran-linked stablecoin volumes to decline 94% on Oct. 19.
“Tether CEO Paolo Ardoino said Monday, Oct. 19, that the company’s actions led Iran-linked stablecoin volumes to decline 94%”
Senate Wallet Findings
Senate investigators found 84% of 846 Iran-linked wallets transacted exclusively in Tether USD₮.
“Investigators on the Senate Permanent Subcommittee on Investigations examined 846 unique wallets sanctioned or targeted for seizure over links to Iran and its regional proxies.”
Tether Freeze Claims
Tether froze addresses four weeks before U.S. and Israel designations, claiming $550 million in Iran assets frozen in 2026.
“Tether said actions involving USDT resulted in approximately $550 million in Iran-linked assets being frozen during 2026.”
What matters most
Tether CEO Paolo Ardoino states actions cut Iran-linked stablecoin volume by 94%, while Senate investigators found 84% of Iran wallets used Tether USD.
