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Tether’s USDT at center of Iran’s shadow banking network, new Senate Report says

Tether and its USDT stablecoin have become central in "Iran's shadow banking system" and the financing activities of terrorist groups, according to a new Senate investigation led by Sen. Richard Blumenthal and released Monday.In the 28-page report, Blumenthal, the top Democrat of the Senate Permane…

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Tether and its USDT stablecoin have become central in "Iran's shadow banking system" and the financing activities of terrorist groups, according to a new Senate investigation led by Sen. In the 28-page report, Blumenthal, the top Democrat of the Senate Permane…