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Senate investigation says Iranian regime used Tether’s USDT

According to Senate Democrats, wallets sanctioned for Iran ties primarily transacted in the USDT stablecoin, the investigation found.

A Senate investigation found that sanctioned wallets linked to Iran’s regime overwhelmingly used Tether’s USDT stablecoin, according to Senate Democrats, as reported by The Wall Street Journal.

The findings highlight the role of USDT in activity tied to wallets sanctioned over Iran connections.

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