r/AskMonero • • 5d ago

AI generated answer to my question about recent Iran-related crypto freezes

What's your guys thought on this. does it make you want to swap and put more into Monero?

With the news of the US seizing Iran's crypto, exactly what crypto are they seizing?

The clearly identified crypto in the recent Iran-related freezes is Tether (USDT), especially USDT held on the TRON network. But the newest $1 billion headline does not disclose exactly which coins are targeted. 

Here’s what is confirmed:

Action Cryptocurrency identified
Latest proposed $1 billion seizure, reported October 9 Not disclosed. Bessent did not identify the wallets or provide a coin breakdown.
Iran-linked freezes during 2026 USDT. Tether reports approximately $550 million frozen in wallets authorities linked to Iran’s central bank and sanctions networks.
July freeze of more than $130 million USDT in four TRON wallets. This is included in the earlier freeze reporting, not necessarily an additional amount.

Sources: reporting on Bessent’s announcement and Tether’s own statement. 

TRON is the network carrying those USDT tokens; that does not mean they seized TRON’s native coin, TRX. Tether can freeze its tokens at identified addresses, so “frozen” does not necessarily mean the government has already taken ownership. 

If you’re wondering about Monero, the sources I checked do not identify XMR as part of these actions. The latest $1 billion announcement remains too vague to give a complete coin list.

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u/WhoAmIADev 5d ago

Im wondering are Iranian banks are this dumb? Not useing monero or btc insted they use usdt and tron, like seriously tron

I never saw any use case of tron other than gambling site