Tether has frozen nearly $550 million in USDT linked to Iran's Central Bank and sanctions evasion networks in 2026.
In April, Tether froze more than $344 million across two TRON addresses at the direction of OFAC and U.S. law enforcement. The next day, OFAC formally added those addresses to the Specially Designated Nationals list under the Central Bank of Iran's entry.
In July, another $130 million was frozen across four additional wallets as Treasury expanded the designation. Tether says the combined Iran-linked total for the year is approximately $550 million.
The actions fall within a broader escalation of U.S. sanctions pressure on Iran. In August, Treasury Secretary Scott Bessent announced "Operation Economic Outcast," targeting Iran's financial lifelines including digital assets, gold, aviation, and shipping, with more than 60 entities, individuals, and vessels sanctioned.
Tether says it now works with 340+ law enforcement agencies across 67 countries and has helped freeze more than $4.9 billion in assets globally, including $2.4 billion connected to U.S. authorities.
https://tether.io/news/tether-has-supported-nearly-550-million-in-iran-linked-usdt-freezes-as-u-s-expands-sanctions-campaign/
In April, Tether froze more than $344 million across two TRON addresses at the direction of OFAC and U.S. law enforcement. The next day, OFAC formally added those addresses to the Specially Designated Nationals list under the Central Bank of Iran's entry.
In July, another $130 million was frozen across four additional wallets as Treasury expanded the designation. Tether says the combined Iran-linked total for the year is approximately $550 million.
The actions fall within a broader escalation of U.S. sanctions pressure on Iran. In August, Treasury Secretary Scott Bessent announced "Operation Economic Outcast," targeting Iran's financial lifelines including digital assets, gold, aviation, and shipping, with more than 60 entities, individuals, and vessels sanctioned.
Tether says it now works with 340+ law enforcement agencies across 67 countries and has helped freeze more than $4.9 billion in assets globally, including $2.4 billion connected to U.S. authorities.
https://tether.io/news/tether-has-supported-nearly-550-million-in-iran-linked-usdt-freezes-as-u-s-expands-sanctions-campaign/
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