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◆ Mixed look for BlumenthalForeign PolicyTechnology / Privacy

US Senator Blumenthal Calls Tether's USDT a 'Superhighway' for Iranian Sanctions Evasion

Blumenthal released a report on USDT use in Iran-linked transactions and asked federal officials to investigate Tether.

US Senator Blumenthal Calls Tether's USDT a 'Superhighway' for Iranian Sanctions Evasion
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This article1 analysis · Oct 3, 2026

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Republished from Decrypt, with credit to the original publisher.

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Yahoo Newsvia Decrypt
Sep 30, 2026
tl;dr

A report released by Sen. Richard Blumenthal says most Iran-linked cryptocurrency wallets it examined used Tether’s USDT and urges federal investigations into Tether’s compliance. Tether says it has frozen substantial funds in Iran-linked wallets and cooperates with law enforcement.

Community verdict

18 VOTES
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Richard Blumenthal D · CT · SEN
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People in this story

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Richard Blumenthal
D · CT · SEN

Senator who released a report and urged federal investigations of Tether

PRIMARY SUBJECT
Todd Blanche
R · Attorney General

Attorney General asked by Blumenthal to investigate Tether

Howard Lutnick
R · Secretary of Commerce

Commerce Secretary and former head of Cantor Fitzgerald

Scott Bessent
R · Secretary of the Treasury

Treasury Secretary asked by Blumenthal to investigate Tether

Part of a bigger story

7 OUTLETS
Blumenthal-Led Senate Report Alleges Tether Use in Iran Sanctions Evasion

Outlets agree that Richard Blumenthal led a Senate report alleging Tether’s USDT was used in Iran-linked sanctions evasion. Blumenthal called for federal investigations. Left-leaning outlets connect the allegations to Tether’s ties involving Howard Lutnick and broader political or financing networks; center outlets focus on the report’s findings and Tether’s response.

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