The U.S. Treasury has added four cryptocurrency wallets linked to Iran's central bank to its sanctions list, prompting stablecoin issuer Tether to freeze $131 million held in those addresses. The targeted TRON-based wallets collectively held more than $165 million, and the freeze prevents the affected funds from being transferred or redeemed. Tether retains the ability to blacklist addresses tied to sanctioned entities, a capability it has used repeatedly to comply with U.S. enforcement actions. The move underscores how centralized stablecoin issuers can act quickly to restrict access to funds when authorities designate specific wallets. The action reflects continued efforts by the U.S. government to limit Iran's use of digital assets to circumvent financial restrictions, and highlights the growing intersection between crypto infrastructure and international sanctions enforcement.
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