The stablecoin issuer's CEO, Paolo Ardoino, has been defending against accusations that the firm's stablecoins have fueled financial activity in Iran. Tether CEO Paulo Ardoino posted on X that his company is often way ahead of government sanctions when it freezes suspicious transactions — a point he contends a recent report from Senate Democrats ignored. He said he's confident Tether is "doing the right thing." Tether is answering back against a report issued last month by Democr…
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