Al Monitor iconAl MonitorSep 28, 2026

Tether USDT aids Iran funding, Senate report says

Tether's USDT stablecoin has become a "significant financial lifeline" for Iran and a tool for funding proxy organizations, including Hezbollah, according to a report led by Senate Democrats, published on Monday.

Tether USDT aids Iran funding, Senate report says

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Tether's USDT stablecoin has become a "significant financial lifeline" for Iran and a tool for funding proxy organizations, including Hezbollah, according to a report led by Senate Democrats, published on...

Led by Senator Richard Blumenthal of Connecticut, the top Democrat on the Senate Permanent Subcommittee on Investigations, the report analyzed 846 crypto wallets that have been sanctioned by Israel and the...

By Chandni Shah Sept 28 (Reuters) - Tether's USDT stablecoin has become a "significant financial lifeline" for Iran and a tool for funding proxy organizations, including Hezbollah, according to a report led...

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Tether's USDT stablecoin has become a "significant financial lifeline" for Iran and a tool for funding proxy organizations, including Hezbollah, according to a report led by Senate Democrats, published on Monday. Led by Senator Richard Blumenthal of Connecticut, the top Democrat on the Senate Permanent Subcommittee on Investigations, the report analyzed 846 crypto wallets that have been sanctioned by Israel and the US in connection with Iran.

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Led by Senator Richard Blumenthal of Connecticut, the top Democrat on the Senate Permanent Subcommittee on Investigations, the report analyzed 846 crypto wallets that have been sanctioned by Israel and the US in connection with Iran.

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