Tether and Senate Democrats Clash Over Iran’s Shadow Crypto Network
On Monday, stablecoin heavyweight Tether disclosed that it had assisted in freezing nearly $550 million in Iran-linked USDT. Yet that very same day, the Wall Street Journal (WSJ) published an exclusive citing a newly rel...
Watchlist
Archive context. 3 independent sources are tracking the same story.
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.
Original source
Read on Bitcoin NewsSame story, other sources
Cross-source coverage
2 sources
Tether’s USDT linked to Iran’s shadow banking system, Senate report finds
The Senate report on USDT's role in Iran's shadow banking could prompt stricter crypto regulati...
Related market context
Visa Taps Anchorage Digital to Bring Western Union’s USDPT Into Stablecoin Settlement
Key Takeaways: Visa will provide its USDPT as an option for the settlement of stablecoins. USDPT is issued by Anchorage Digital Ba...
Nakamoto Gets Extra Year on 60 Million USDT Kraken Loan; Derivatives Count Toward Collateral
Nakamoto Inc. (NAKA) is a bitcoin treasury company, a public company holding bitcoin as a core asset, and has borrowed against it....
Trump Taps Four SEC and CFTC Nominees in Major U.S. Crypto Regulation Reset Bid
Key Takeaways: President Trump has appointed four people to three vacant positions at the SEC and CFTC. Among the picks are former...
Griffin Raises $20M to Bring Stablecoin Payments and Card Issuing to Its Banking Platform
Key Takeaways: Griffin raised $20 million in a Series B round at a valuation exceeding $100 million. The UK’s bank is set to intro...
Tether-backed Twenty One Capital reports $1.09 billion Q3 net income on bitcoin gains
Twenty One Capital reported $1.09 billion in Q3 net income, driven by Bitcoin gains, while posting a $4.8 million operating loss.
Binance’s Reserve Page Shows 1.06 Billion More USDT Than Customer Balances After Hack Refill
Binance said on Nov. 12 it has finished covering all assets hit in its Oct. 29 hack, though customers can’t yet check that for the...