# Tether Cuts Iran Stablecoin Volume by 94%

> Tether CEO claims actions reduced Iran-linked stablecoin volume by 94% as investigations reveal wallet usage patterns.
- Title: Tether Cuts Iran Stablecoin Volume by 94% · TokenPost
- Summary: Tether CEO claims actions reduced Iran-linked stablecoin volume by 94% as investigations reveal wallet usage patterns. Tether CEO Paolo Ardoino states…
- Keywords: tether, iran, stablecoin, usdt, senate, ofac, nbctf, sanctions, crypto, finance, Cuts, Volume
- Source: TokenPost — https://tokenpost.com/news/regulation/37299
- Published: 2026-10-22T01:44:57+00:00
- Read time: 1 min
- Topics: tether, iran, stablecoin, usdt, senate, ofac, nbctf, sanctions, crypto, finance
## 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.
## Key takeaway

Tether CEO Paolo Ardoino states actions cut Iran-linked stablecoin volume by 94%, while Senate investigators found 84% of Iran wallets used Tether USD.