Tether claims $550 million in Iran freezes, but $35 million slipped past Senate

Tether says it helped freeze nearly $550 million in Iran-linked USDT during 2026, while Democratic investigators on a Senate subcommittee allege that delays in blacklisting some identified wallets let tens of millions of dollars keep moving. A preliminary report released Sept.

28 by Democratic minority staff of the Senate Permanent Subcommittee on Investigations analyzed 846