Tether’s USDT at center of Iran’s shadow banking network, new Senate Report says
Tether’s USDT is reportedly central to Iran’s shadow banking network, per a new U.S. Senate report.
A Senate investigation released a report alleging that Tether’s stablecoin is used extensively within Iran’s informal financial system.
Source
Read original sourceWhy we picked this
Senate report links Tether to Iran’s shadow banking, regulatory significance.