Geopolitics Alpha

Tether’s USDT at center of Iran’s shadow banking network, new Senate Report says

Published . Updated .

Tether and its stablecoin have become central in "Iran's shadow banking system," according to a new Senate investigation.

Directly affected

  • No company is named in this report.

Indirectly affected

  • FRO Frontline

    Tanker operators earn more when freight rates spike

  • INSW International Seaways

    Tanker operators earn more when freight rates spike

  • DHT DHT Holdings

    Tanker operators earn more when freight rates spike

  • TNK Teekay Tankers

    Tanker operators earn more when freight rates spike

  • USO United States Oil Fund

    Oil prices move when Iranian supply is at risk

  • XLE Energy Select Sector SPDR

    Energy companies move with Iran supply risk

  • XOM Exxon Mobil

    Oil producers earn more when crude prices rise

  • CVX Chevron

    Oil producers earn more when crude prices rise

  • STNG Scorpio Tankers

    Tanker operators earn more when freight rates spike

  • DAL Delta Air Lines

    Airlines pay more for fuel when oil prices jump

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
FRO———————
INSW———————
DHT———————
TNK———————
USO———————
XLE———————
XOM———————
CVX———————
STNG———————
DAL———————

Tether and its stablecoin have become central in "Iran's shadow banking system," according to a new Senate investigation.

Source: The Block

How far Bank Of Montreal /Can/ (FLYU) has moved since 28 Sep 2026

Since the first closing price after “Tether’s USDT at center of Iran’s shadow banking network, new Senate Report says,” Bank Of Montreal /Can/ (FLYU) is -3.25%. The S&P 500 fund (SPY) is +0.29% over the same days, a -3.54% difference versus the market.

FLYU
SPY

Filings that name Bank Of Montreal /Can/ (FLYU) around 28 Sep 2026

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

Who gains and who loses around Bank Of Montreal /Can/ (FLYU)

Companies carried with this story

  • FLYU Bank Of Montreal /Can/

    In “Tether’s USDT at center of Iran’s shadow banking network, new Senate Report says,” Bank Of Montreal /Can/ (FLYU) is linked, with no stored direction, medium confidence. Reason on file: GA selected FLYU as a RELATED security because its canonical security name directly matches this event's themes: network, bank. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • ALLY Ally Financial

    In “Tether’s USDT at center of Iran’s shadow banking network, new Senate Report says,” Ally Financial (ALLY) is linked, with no stored direction, medium confidence. Reason on file: GA selected ALLY as a RELATED security because its canonical security name directly matches this event's themes: financial. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • BAC Bank Of America

    Bank Of America (BAC) is linked, with no stored direction, medium confidence in the 28 Sep 2026 story “Tether’s USDT at center of Iran’s shadow banking network, new Senate Report says.” Reason on file: GA selected BAC as a RELATED security because its canonical security name directly matches this event's themes: bank. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • BMO Bank Of Montreal /Can/

    In “Tether’s USDT at center of Iran’s shadow banking network, new Senate Report says,” Bank Of Montreal /Can/ (BMO) is linked, with no stored direction, medium confidence. Reason on file: GA selected BMO as a RELATED security because its canonical security name directly matches this event's themes: bank. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • CM Canadian Imperial Bank Of Commerce /Can/

    In “Tether’s USDT at center of Iran’s shadow banking network, new Senate Report says,” Canadian Imperial Bank Of Commerce /Can/ (CM) is linked, with no stored direction, medium confidence. Reason on file: GA selected CM as a RELATED security because its canonical security name directly matches this event's themes: bank. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • CRBG Corebridge Financial

    For “Tether’s USDT at center of Iran’s shadow banking network, new Senate Report says,” Corebridge Financial (CRBG) is linked, with no stored direction, medium confidence. Reason on file: GA selected CRBG as a RELATED security because its canonical security name directly matches this event's themes: financial. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

Bank Of Montreal /Can/ (FLYU)

On 28 Sep 2026, “Tether’s USDT at center of Iran’s shadow banking network, new Senate Report says” is the story that connects Bank Of Montreal /Can/ (FLYU) to this story.

The link for Bank Of Montreal /Can/ (FLYU) is this: GA selected FLYU as a RELATED security because its canonical security name directly matches this event's themes: network, bank. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

Also listed, Ally Financial (ALLY): GA selected ALLY as a RELATED security because its canonical security name directly matches this event's themes: financial. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

Dates and price levels for Bank Of Montreal /Can/ (FLYU)

ALLY traded between 36.18 and 40.33 across 20 sessions. The latest close on file is 37.53. BAC traded between 49.26 and 58.11 across 20 sessions. The latest close on file is 50.39. FLYU traded between 32.94 and 36.30 across 9 sessions. The latest close on file is 34.58.

What the saved facts support for Bank Of Montreal /Can/ (FLYU)

46 out of 100

“Tether’s USDT at center of Iran’s shadow banking network, new Senate Report says” scores 46 out of 100. The score uses 1 sources, and 6 linked companies.