Techub News reported that about $131 million in USDT tied to sanctioned TRON addresses has been frozen after the U.S. Treasury added Iran-related wallets to its sanctions list. The action involves addresses designated by the Treasury’s Office of Foreign Assets Control, or OFAC, and linked to Iran’s central bank. The Treasury said the wallets were associated with Iranian financial institutions. According to the report, the stablecoin issuer carried out the freeze in response to regulatory requirements. The case highlights a key feature of stablecoins: even when they move on public blockchains, issuers can still block funds to meet compliance obligations. The report also noted that TRON is the world’s largest transfer network for USDT, putting the development in focus because of the scale of activity on that chain.
About $131 million in USDT has been frozen in accounts linked to sanctioned TRON addresses after the U.S. Treasury added Iran-related wallets to its sanctions list, according to Techub News.
The freeze involves addresses designated by the Treasury’s Office of Foreign Assets Control (OFAC) and linked to Iran’s central bank. The U.S. Treasury said those addresses were associated with Iranian financial institutions.
According to the report, the stablecoin issuer carried out the freeze in response to regulatory requirements. Techub also said TRON is the world’s largest transfer channel for USDT, and the case shows that while stablecoins operate on public blockchains, they still remain subject to issuer-led compliance controls.
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