Tether’s USDT at center of Iran’s shadow banking network, new Senate Report says

The account describes USDT as Tether’s stablecoin and attributes the assessment to a new Senate investigation.

Date
AuthorThe Block Reporting source
Topics
Hands making a contactless payment using a credit card and a pink terminal on a marble table.
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What happened?

A new Senate investigation identifies Tether’s USDT stablecoin as central to Iran’s shadow-banking activity, according to the supplied account, which attributes the claim to the inquiry.

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