Crypto

USDT Tied to 84% of Sanctioned Iranian Crypto Wallets: Senate Investigation

Guavy AI Editorial Team Published September 29, 2026

Instruments

USDT

A Senate Permanent Subcommittee investigation has found that USDT, the stablecoin issued by Tether, is linked to 84% of 846 sanctioned or targeted Iranian-linked crypto wallets.

The report concludes that stablecoin flows facilitated cross-border transfers that may have evaded U.S. sanctions.

Tether contests the claims, saying it froze about $550 million of Iran-linked USDT in 2026 and cooperates with regulators.

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