๐ฎ๐ท IRAN IS REPORTEDLY TURNING TO #BITCOIN AND USDT FOR EXPORT PAYMENTS ๐
The Financial Times, says Iran has quietly eased foreign-exchange controls as businesses look for alternatives to restricted banking rails.
In other words ๐ When countries are cut off from traditional finance, they look for open settlement networks.
โ USDT reportedly most used
โ Bitcoin also being used
โ Exporters using domestic crypto exchanges
โ Sanctions risk remains serious
This is not a formal blanket legalization, but it is a major signal.
BITCOIN IS GLOBAL SETTLEMENT INFRASTRUCTURE. ๐
The Financial Times, says Iran has quietly eased foreign-exchange controls as businesses look for alternatives to restricted banking rails.
In other words ๐ When countries are cut off from traditional finance, they look for open settlement networks.
โ USDT reportedly most used
โ Bitcoin also being used
โ Exporters using domestic crypto exchanges
โ Sanctions risk remains serious
This is not a formal blanket legalization, but it is a major signal.
BITCOIN IS GLOBAL SETTLEMENT INFRASTRUCTURE. ๐