A staff report released by Senator Richard Blumenthal on September 28, 2026, titled 'Tethered to Terrorism,' found that 84% of 846 sanctioned, Iran-linked crypto wallets transacted heavily in Tether's USDT

Stablecoins

Tokens pegged to stable value, usually the US dollar, spanning issuers and reserves, depegs, and adoption by banks and payment networks.

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