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The Nexus
BUSINESSApr 26 · 07:04 UTCR/CRYPTOCURRENCY/u/Repulsive_Counter_79

Tether froze $344M for Iran sanctions and nobody’s talking about what that means

Tether froze $344 million in USDT linked to Iran sanctions, highlighting stablecoins' role in enforcement. Crypto faced $606 million in hacks in April, with Drift Protocol and KelpDAO (both tied to Lazarus) accounting for 95% of losses. Institutional players like Grayscale and Bitmine staked $500 million in ETH.

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