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$2 Million Per Vessel: Inside Iran’s Massive USDT Toll Operation in the Strait of Hormuz

Reports indicate that some of the payments could have been made in stablecoins, particularly Tether’s USDT, the largest stablecoin by market capitalization. The U.S. OFAC has warned that maritime companies executing such...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

$2 Million Per Vessel: Inside Iran’s Massive USDT Toll Operation in the Strait of Hormuz
Reports indicate that some of the payments could have been made in stablecoins, particularly Tether’s USDT, the largest stablecoin by market capitalization. The U.S. OFAC has warned that maritime companies executing such payments might be affected by upcoming sanctions. Iran Claims Hormuz Toll Booth Yields up to $2 Million Per Ship, Some Payments Made Using […]

Why this matters

Tether is showing up inside the Stablecoins theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.

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