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Senate Report Says Tether's USDT Central to Iranian Proxy Financing

Original: Senate Report Says Tether's USDT Is Central to Iranian Proxy Financing https://gizmodo.com/senate-report-says-tethers-us

A new US Senate report alleges that Tether's USDT stablecoin plays a central role in financing Iranian proxy groups, according to reporting by Gizmodo. The findings add to mounting regulatory scrutiny of Tether, which has repeatedly faced accusations that its dollar-pegged token is used for sanctions evasion and illicit finance. The report is likely to intensify calls in Washington for tighter oversight of stablecoins and their issuers.

Why now: Fresh allegations from a Senate report link a major stablecoin to sanctioned Iranian proxy financing, reigniting debate over crypto regulation and national security.

TetherUSDTUS SenateIran

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