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Senate report says Iran used Tether to bypass sanctions and fund proxies

First reported September 28, 2026 by CryptoBriefing · covered by 4 sources

In short

A Senate Democrats report says Iran used Tether’s USDT to bypass U.S. sanctions and move funds for the regime and proxies including Hezbollah. The report describes USDT as central to Iran’s shadow banking system. Tether said it helped freeze nearly $550 million in Iran-linked USDT.

Written by our news service from the 4 sources below, updated September 30, 2026.

All coverage
Tether and Senate Democrats Clash Over Iran’s Shadow Crypto Network

Tether and Senate Democrats Clash Over Iran’s Shadow Crypto Network

On Monday, stablecoin heavyweight Tether disclosed that it had assisted in freezing nearly $550 million in Iran-linked USDT. Yet that very same day, the Wall Street Journal (WSJ) published an exclusive citing a newly released Senate Democratic report detailing Iran’s reliance on USDT. Senate Report Examines 846 Crypto Addresses Linked to Iran Following the WSJ […]

Sep 28, 2026 · byBitcoin.com News
Senate Probe Finds Iran Using Tether’s Stablecoin to Bypass Sanctions and Fund Proxies Like Hezbollah: Report

Senate Probe Finds Iran Using Tether’s Stablecoin to Bypass Sanctions and Fund Proxies Like Hezbollah: Report

Iran has been leaning on Tether’s dollar-pegged USDT to dodge a U.S. sanctions dragnet and move money for the regime and proxies such as Hezbollah, according to a new Senate Democrats report. The Permanent Subcommittee on Investigations says the token has become a primary payment rail for Tehran and a funding tool for terrorist proxy […] The post Senate Probe Finds Iran Using Tether’s Stablecoin to Bypass Sanctions and Fund Proxies Like Hezbollah: Report appeared first on The Daily Hodl .

Hezbollahneutral
Sep 30, 2026 · byThe Daily Hodl