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Author Topic: US links Tether’s $344M crypto freeze to Iran in sanctions push  (Read 204 times)
WillyAp
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April 30, 2026, 02:31:54 PM
 #21

This is very poor from Iranian government. We said something like this will happen and it happened.

Why would Iran use stable coins at all? DAI is the best but they left it and use USDT.

https://cryptobriefing.com/us-tether-crypto-freeze-iran-link/

Bitcoin is there which is censorship resistant but they left it alone using USDT

I am neither in support of any country, but I expected a country not to think like someone that does not know about cryptocurrencies.

It si more likely that IRAN uses any channel available.
Due to their bombardment tactics many countries looked harder at Irans Banking connections.
I don't think UAE was the only one.
https://www.reuters.com/world/middle-east/uae-explores-freezing-iranian-assets-punish-tehran-attacks-wsj-reports-2026-03-06/

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Oshosondy
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June 01, 2026, 09:18:00 AM
 #22

Treasury Secretary Scott Bessent said the U.S. has "outright grabbed" roughly $1 billion worth of cryptocurrencies from Iran via seizures.

You can read about this on https://decrypt.co/369522/treasurys-bessent-says-us-grabbed-1-billion-crypto-iran

But it is very possible that Iran has changed and not use stable coins again or they can continue to use it and be foolish. No other coin than bitcoin.

Stable coins are the worst.
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June 01, 2026, 09:29:59 AM
 #23

I am neither in support of any country, but I expected a country not to think like someone that does not know about cryptocurrencies.

All those armies of advisors, experts, resources, and who knows... and yet they still make a mistake that many regular crypto users would avoid.

Well, sometimes I think how much better things would be if those that sits on the top were a bit smarter... but they are not, I guess we can say that most of them are just "stupid".

 
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