US Treasury Freezes $131M in USDT on TRON Linked to Iranian Addresses

TRX0.96%
According to US Treasury OFAC, on July 14, the agency added TRON wallet addresses linked to Iran to its sanctions list, resulting in $131 million in USDT being frozen. The action highlights how stablecoin issuers can enforce sanctions even when assets move on public blockchains, demonstrating that dollar-backed tokens remain subject to centralized compliance controls despite operating on decentralized networks.
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