U.S. Treasury freezes $344M in USDT tied to Iran's Central Bank under 'Economic Fury' campaign!

The U.S. Treasury Department confirmed Friday that a $344 million <a class="ticker-mention" href="/en-US/token/usdt">USDT</a> freeze is part of its &#x27;Economic Fury&#x27; campaign targeting Iran&#x27;s financial networks. Treasury Secretary Scott Bessent said OFAC sanctioned multiple crypto wallets with material links to the Iranian regime — including transactions with Iranian exchanges and addresses connected to the Central Bank of Iran itself.

Tether blacklisted two Tron-based addresses holding the full $344 million the day prior, acting in coordination with U.S. authorities. A Treasury official told CoinDesk that Iran&#x27;s central bank has been leaning into digital assets to mask cross-border transactions, using increasingly complex routing patterns to obscure its involvement in sanctioned trade flows.

Bessent framed the action as part of a broader squeeze: &#x27;We will follow the money that Tehran is desperately attempting to move outside of the country…