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The US government has sanctioned cryptocurrency wallets linked to Iran, following Tether's freeze of $344 million in USDT on the Tron network. Treasury Secretary Scott Bessent confirmed the move aims to choke off financial lifelines as part of the 'Economic Fury' campaign. In a parallel diplomatic development, the United Kingdom and France led a video conference from Paris to rally international support for ensuring freedom of navigation in the Strait of Hormuz. This action aligns with the Trump administration's strategy to blockade the strait and prevent sanctions evasion. Meanwhile, South Korea views these European security initiatives as a warning regarding the risks of lacking hard-power readiness and monetary control. Analysts suggest this coordination underscores the growing intersection of digital finance and geopolitical enforcement through centralized stablecoin control.
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