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FINNENCE ▪ THE WIRE FILE

THE WIRE · № 55624

Video■ Mixed

Coinbase now owns the exchange, the broker, and the clearinghouse.

EXHIBIT · i4.ytimg.com
KINDVideo
DIRECTION■ Mixed
SOURCES1
ENTITIES3
STORY SIZESTANDALONE
FIRST SEEN2026-09-29 17:11 UTC
LAST UPDATE2026-09-29 17:11 UTC
STATEactive

01 THE MACHINE READ

WHY IT MATTERS.

Stablecoin rails entering bank custody expand crypto payment plumbing but also draw sanctions scrutiny over Tether flows.

Crypto infrastructure meets bank rails and sanctions risk
CATALYST TO WATCH

Regulatory response to Iran-linked wallet findings

MAIN RISK

Sanctions crackdown could chill stablecoin adoption

FULL DISPATCH

The same technology moving Iran's money just went live inside Citi. Senate Democrats published a report Monday finding that 84% of 846 Iran-linked wallets moved money almost entirely in Tether. Citi announced the same day that its corporate clients can now accept stablecoin payments, with Coinbase

02 THE STORY SO FAR

THE RECORD, IN ORDER.

STANDALONE ITEM — NOT YET FOLDED INTO A DEVELOPING STORY.

03 WHO'S INVOLVED

ENTITIES ON FILE.

AFFECTEDBitcoin
AFFECTEDCrypto

04 RECEIPTS

THE SOURCE RECORD.

1 SOURCES CONFIRMED
№ 01youtubeyoutube.com · PRIMARY2026-09-29 17:11 UTCOPEN RECEIPT →

05 PROPAGATION

WHAT THIS TOUCHES.

KEEP READING THE MACHINE

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Summaries are generated and may contain errors — every claim links its sources.