Treasury Secretary Scott Bessent's May 2026 announcement of $1 billion in seized Iranian cryptocurrency assets builds directly on OFAC's April 2026 designation of Tron-based USDT wallets totaling $344 million, as detailed in official Treasury releases. Primary records from the Office of Foreign Assets Control show wallet addresses linked to IRGC entities receiving inflows exceeding $3 billion across 2024-2025, with state-controlled flows rising above 50 percent of identified Iranian activity by year-end 2025. These designations draw on blockchain tracing data submitted in enforcement filings rather than secondary market reports. Iranian official statements, including those from the Central Bank of Iran, frame such assets as citizen-held hedges against rial volatility exceeding 40 percent annual inflation since 2018, while US enforcement documents describe them as diverted state resources. Unexamined in initial coverage is the intersection with broader OFAC actions against non-Iranian mixers and stablecoin issuers, which have accelerated since 2024 and created compliance precedents affecting global Tron liquidity. Multiple perspectives emerge from primary sources: US filings emphasize disruption of procurement networks, whereas Iranian parliamentary records highlight impacts on remittance channels used by roughly 16 percent of the population. This pattern reveals enforcement power extending into decentralized ledgers without resolving underlying sanctions circumvention incentives documented in successive Treasury reports.