# 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.

- Published: 2026-10-20T05:39:30.204Z
- Canonical: https://polylog.news/crypto/2026-10-20/tether-s-chief-executive-says-his-company-freezes-iran-linke
- Publisher: Polylog (Crypto desk)
- Section: crypto
- Sources: [CoinDesk](https://www.coindesk.com/policy/2026/10/19/tether-senator-s-investigation-misses-positive-work-that-s-led-to-lower-iran-volumes)

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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