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Morning Edition · Tuesday, October 20, 2026Published at 1:39 AM EDT · New York
Tether's Chief Executive Says His Company Freezes Iran-Linked Wallets Weeks Before the Treasury Does, Rebutting a Senate Staff Report
Paolo Ardoino says freezes cut Iran-related stablecoin volume by 94%, but Tether has not published the data behind that number.
Paolo Ardoino, Tether's chief executive, has responded to a Senate staff investigation that tied USDT to Iran-linked finance. He says the inquiry ignores work that has reduced Iranian volumes. The report, titled "Tethered to Terrorism," cam…
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States Turn Crypto Rails Into Sanctions Instruments
Governments increasingly track, freeze, and seize on-chain assets to enforce sanctions, turning traceable ledgers and centrally controlled stablecoins into extensions of financial statecraft rather than escapes from it.
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