Tether just froze $344 million in USDT tied to Iran sanctions as part of the “Economic Fury” campaign
stablecoins are enforcement infrastructure now.
bitcoin crossed $78k on a ceasefire rally while crypto lost $606 million to hacks in 18 days of April, the worst month since February 2025
two exploits account for 95% of it: Drift Protocol ($285M) and KelpDAO ($292M), both Lazarus… Grayscale and Bitmine staked $500M in ETH while the Foundation sold 10k ETH . the institutional play is obvious: yield, privacy, infrastructure.
but also stablecoins governments can freeze
we’re building a system where the technology enables privacy and the policy layer enables control. that’s just finance with extra steps.
