Tether has frozen approximately $550 million worth of its stablecoin USDT linked to Iran this year as part of enforcing U.S. sanctions. Significant freezes occurred in April and July, totaling over $474 million, following information from U.S. authorities about wallets involved in unlawful activities. Tether's freezing actions comply with the U.S. Specially Designated Nationals list and are coordinated with U.S. officials. This highlights how stablecoin issuers can actively block funds tied to sanctioned entities, reflecting growing regulatory scrutiny on crypto assets.
Tether's freezing of nearly $550 million in Iran-linked USDT this year provides context for crypto market activity. For readers following major cryptocurrencies on Pluang, as of Sep 28, 2026 20:22 WIB, 11 out of 50 major cryptocurrencies rose while 38 fell. Notable movers include SNX at Rp4.431 with a -7.80% change, COTI at Rp240 with a -7.75% change, and BCH at Rp5.642.576 with a -6.21% change.
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