U.S. “Economic Fury” campaign is now targeting crypto.

Tether has frozen $344M in USDT linked to Iran.

This move came after Office of Foreign Assets Control (OFAC) sanctioned multiple wallets connected to Iranian networks, including links to the Central Bank of Iran.

Reports suggest Iran has been increasingly using crypto to bypass sanctions, relying on complex transaction routes to hide cross-border activity.

Now, authorities are not only targeting traditional financial channels, but also tracking and freezing on-chain assets.

Big picture:

Crypto is evolving beyond trading — it’s becoming a key part of global finance, regulation, and geopolitical strategy.