Tether has frozen nearly $550 million in USD₮ linked to Iran this year as part of efforts to comply with US sanctions and disrupt Iran's sanction-evasion tactics. Significant freezes occurred in April and July, targeting wallets affiliated with Iran's Central Bank and other entities involved in illicit activities. This aligns with the US Treasury's Operation Economic Outcast, which aims to pressure Iran to halt nuclear ambitions and terrorism funding. Tether's CEO emphasized cooperation with authorities to prevent the platform from being used by criminals and terrorists, highlighting blockchain transparency as a tool for enforcement. The US continues to target both Iranian digital asset networks and international facilitators to uphold sanctions.
Tether's freezing of over half a billion USD₮ linked to Iran is notable context for readers. For those following the broader cryptocurrency market, 10 of 50 major cryptocurrencies on Pluang rose while 39 fell as of Sep 28, 2026 22:32 WIB. Top gainers include ONE at Rp45 (+12.81%), ALGO at Rp2.351 (+12.43%), and BAL at Rp16.297 (+11.14%).
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