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Tether CEO Paolo Ardoino rejected a Democratic-led Senate report accusing the stablecoin issuer of supporting Iran’s shadow banking network. He said Tether freezes suspicious wallets ahead of official sanctions and that Iran-linked USDT volumes have fallen 94%.
Aave’s proposed Avalanche gateway would let approved counterparties exchange USAT deposit receipts for GHO, but withdrawing those assets could require continued approval, available Aave liquidity and a separate redemption relationship with USAT issuer Anchorage.
