Tether: Senator’s investigation misses positive work that’s led to lower Iran volumes
The stablecoin issuer’s CEO, Paolo Ardoino, has been defending against accusations that the firm’s stablecoins have fueled financial activity in Iran.
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Summary
- Tether CEO Paulo Ardoino posted on X that his company is often way ahead of government sanctions when it freezes suspicious transactions — a point he contends a recent report from Senate Democrats ignored.
- He said he’s confident Tether is “doing the right thing.”
