GoKawiilSenate probe reports widespread use of Tether's USDT by Iran-linked networks
A U.S. Senate investigation described in the Morning Risk Report found that Iran's regime has made extensive use of Tether's dollar-pegged stablecoin, reportedly to move funds despite sanctions. The report also notes that Washington has extended the start of a 50% tariff rule tied to a China trade truce, and that a prospective House Intelligence Committee chair has said he intends to investigate what he called 'nakedly corrupt dealings.'