Study: USDT usage is shifting to countries lacking access to the global banking system

Research shows that Tether (USDT) usage is shifting to the European, Middle Eastern and African (EMEA) time zone, especially in countries that lack access to the global banking system, such as Russia and Iran. Chainalysis data shows that between January and October this year, newly activated USDT wallets were mainly concentrated between 9 a.m. and 2 p.m. Coordinated Universal Time (UTC), which coincides with daytime hours in Moscow, Tehran and Istanbul. As the United States steps up its investigation into Tether, especially regarding its possible involvement in anti-money laundering and sanctions, the use of USDT is attracting regulatory attention. (Bloomberg)