Blumenthal-led report: Tether's USDT is central to Iran's shadow banking
A 28-page report led by Sen. Blumenthal says Tether's USDT is central to Iran's shadow banking system. Democratic investigators found that 87% of 757 "terrorism"-related wallets predominantly transacted in USDT, based on blockchain transaction data.
- 28-page report by Senate Democratic investigators
- USDT called central to Iran's shadow banking system
- 87% of 757 "terrorism"-related wallets used USDT mainly
- Findings based on blockchain transaction data analysis
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