US Treasury Freezes $130 Million in Iran Linked USDT

The US Treasury announced a significant crackdown on Tuesday, freezing more than $130 million in digital assets connected to the Central Bank of Iran. The majority of these funds were held in Tether stablecoins on the Tron network. Treasury Secretary Scott Bessent confirmed the move, stating the agency intends to block the Iranian government from using digital assets for illicit revenue.

This action was carried out by the Office of Foreign Assets Control with direct cooperation from Tether to lock the specific wallet addresses. Blockchain data shared by investigators shows that four specific Tron wallets were targeted in the freeze. This follows similar efforts earlier this year, including a massive $344 million USDT lock in April.

These measures are part of Operation Economic Fury, a broader campaign designed to increase financial pressure on Iran. With diplomatic tensions rising and reports of renewed conflict in the region, US authorities are focusing heavily on tracking how digital assets move across the blockchain. Traders should watch for further announcements as the Treasury continues to monitor and sanction entities associated with these financial activities.