Tether defends record against senator's probe, citing reduced Iran-linked volumes

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Tether CEO Paolo Ardoino has pushed back against accusations that the company's stablecoins have fueled financial activity in Iran. He argues that a senator's investigation overlooks the firm's efforts that have reduced transaction volumes linked to the country. The company points to these measures as evidence of its compliance work. The article presents Tether's defense rather than independently verified findings on the allegations.

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