Iran Is Using Tether to Bypass Sanctions: Crypto’s Biggest Real-World Use Case Just Got Darker
Iran’s growing use of digital assets has pushed one of crypto’s oldest promises into uncomfortable territory. Cryptocurrency can move value without relying on conventional correspondent banks.
Under severe financial sanctions, that feature has become increasingly important for Iran. Tether’s USDT sits at the center of this shift because it combines blockchain settlement with dollar-like pricing. Yet recent enforcement shows the limitations of the strategy.
Tether can freeze tokens, regulators can trace public blockchains, and Washington is increasingly targeting Iran crypto infrastructure directly. FT: Using Crypto to Receive Export Payments in Iran Has Become Completely NormalizedAccording to FT, under pressure from U.S.
sanctions and financial blockades, Iran’s central bank has quietly eased foreign exchange controls in recent months, encouraging exporters to repatriate… pic.twitter.com/YyoKdds9km— Wu Blockchain (@WuBlockchain) September 9, 2026 Iran Is Turning to Tether as Sanctions Tighten Why Iran Needs Alternative Payment Rails Iran financial sanctions restrict access to banks, dollar clearing, and many international payment networks.
This page shows the RSS-provided summary/preview. Full publisher content remains available at the original source.
Read Full Article at Source