Article
The Iranian Regime's Crypto Shadow Arsenal
The Iranian Regime's Crypto Shadow Arsenal
Authored by Tamuz Itai via The Epoch Times,
In 2025, Iran’s crypto ecosystem swelled to more than $7.78 billion, according to Chainalysis, marking a notable acceleration from prior years amid economic collapse and geopolitical turmoil.
For ordinary Iranians—roughly one in six of the population—crypto served as a vital lifeline. Facing relentless rial depreciation (down nearly 90 percent since 2018), chronic inflation of 40 to 50 percent, and frequent power blackouts or internet shutdowns during protests, citizens turned to Bitcoin and stablecoins like U.S. dollar-pegged stablecoins (USDT)...
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