CryptoHypeBuster

Tether CEO disputes Senate report, claims 94% drop in Iran-linked stablecoin activity

AMBCrypto · Tue, 20 Oct 2026 18:30:00 GMT

Hype 18/100 · Market impact 10/100 · Breaking 52/100

Tags: USDT, STABLECOIN

Tether CEO Ardoino disputed a Senate report by saying Iran-linked stablecoin activity had fallen 94% and defended the firm’s handling of sanctioned wallets, while Senate investigators questioned whether delays allowed millions in USDT to move.

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