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Back to Live Wire • Crypto • Tether CEO Claims Wallet Freezes Cut Iran-Linked Stablecoin Volumes by 94% Since 2023
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Crypto 📡 Source: CoinGape
📅 Oct 20, 2026 · 10:28 • 👁️ 2,251 views

Tether CEO Claims Wallet Freezes Cut Iran-Linked Stablecoin Volumes by 94% Since 2023

Tether CEO Paolo Ardoino pushed back against a U.S. Senate report on October 19, claiming the company’s proactive wallet freeze program has driven a 94% drop in Iran-linked stablecoin transaction volumes since 2023. Ad Ad What the 94% Drop Means for USDT Holders Third-party data backs Ardoino’s directional claim. According to TRM Labs, USDT’s share

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