Tether has put a number on its cooperation with US sanctions enforcement, and the timing is no accident. The stablecoin issuer said on Monday that it has helped freeze nearly $550 million in USDT tied to Iran's central bank and Iranian sanctions networks so far in 2026. The announcement came one day after a Senate report accused USDT of being the backbone of Iran's shadow banking system.
How Much Iran-Linked USDT Did Tether Freeze?
Tether detailed two big actions. In April, it helped US authorities freeze more than $344 million in $USDT sitting in two addresses. The following day, OFAC added those same addresses to its sanctions entry for the Central Bank of Iran, which is itself linked to the IRGC-Qods Force and Hezbollah. In July, the Treasury expanded that designation to four more TRON addresses, and Tether froze more than $130 million across those wallets.
Those two rounds account for more than $474 million. The remaining roughly $75 million came from smaller actions between January and September that Tether did not itemize.
The company also pointed to its longer track record. Working with Israel's National Bureau for Counte...
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