The disclosure came as Senate Democratic investigators alleged USDT had become a key part of Iran's shadow banking network.
The contracts will track Oklo, Twist Bioscience, Carvana, Rumble and ExxonMobil, with leverage capped at 20x.
US authorities are expanding the investigation of the crypto system that Iran is reportedly using to transfer money, now putting Tether at the center of the issue. On September 28, Senator Richard Blumenthal of the Senate Permanent Subcommittee on Investigations (PSI) called on the Treasury and Justice Department to look further into Tether.
The exchange recorded the inflow on Sept. 29, marking more Tether USDt entering Binance than leaving during the period.
A report by Democratic staff on a Senate subcommittee says 84% of 846 Iran-linked wallets flagged by the U.S. and Israel ran almost entirely on USDT.
Tether and Shiga are expanding self-custodial financial products across Africa and the Gulf Cooperation Council using Tether's Wallet Development Kit. The initiative covers USD₮, Bitcoin and XAU₮, while ENTA targets individuals and businesses and Pulse is designed for banks and fintechs.
Tether has said it helped freeze nearly $550 million in Iran-linked USDT this year as U.S. authorities targeted wallets tied to the Central Bank of Iran and other sanctioned networks. Tether said on Sep.
Tether is touting its countermeasures against the rogue regime of Iran in line with the ongoing sanctions being applied by the US. According to a post by Tether, nearly $550 million in Iran-linked USD₮ has been frozen since the beginning of the year.
Tether and Shiga have announced plans to bring self-custodial wallets for USD₮, Bitcoin, and Tether Gold to individuals and institutions across Africa and the Gulf Cooperation Council. Tether said in its Sep.
Iran-linked freezes: Tether said approximately $550 million in USDT tied to Iran's Central Bank and sanctions networks was frozen during 2026 through actions coordinated with U.S. authorities. International cooperation: The company highlighted work with Israel's National Bureau for Counter Terror Financing, including wallet freezes connected to alleged illicit activity and Iran-linked networks.
Tether says it froze nearly $550 million in USDT linked to Iran this year as part of actions tied to US sanctions.
The freezes included more than $344 million in April and more than $130 million in July amid U.S. sanctions enforcement.