CryptoWorld News reports that, according to Chainalysis, the U.S. Department of the Treasury froze $3.44 billion USDT related to Iran on April 23, 2026, involving two blockchain addresses. This action was taken based on information from the Office of Foreign Assets Control of the U.S. Department of the Treasury and U.S. law enforcement agencies, marking the latest development in Iran’s stablecoin network. An analysis released four days later by Chainalysis showed that this financial pipeline involved Iran’s oil revenue flowing into accounts associated with the Islamic Revolutionary Guard Corps through brokers, temporary wallets, decentralized finance bridging, and other methods. Treasury Secretary Scott Bessent said, “We will track funds Tehran attempts to transfer abroad and target all financial lifelines related to the regime.”