Daily Market Updates: Senate report says Tether’s USDT is central to Iran’s shadow banking

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Senate report says Tether’s USDT is central to Iran’s shadow banking

Reported · Written up by our desk · Regulation

Tether and its USDT stablecoin are at the center of what a new Senate investigation describes as Iran’s shadow banking system, according to The Block.

The report frames USDT as a key tool within that network, placing the stablecoin in focus amid scrutiny of illicit finance pathways.

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Sources

The BlockTether’s USDT at center of Iran’s shadow banking network, new Senate Report says

Crypto

Senate report says Tether’s USDT is central to Iran’s shadow banking

More like this

Sources

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