In 2025, Iran's crypto ecosystem will reach a scale of $7.78 billion, with the Islamic Revolutionary Guard Corps controlling over 50% of the funds flow.
Deep Tide TechFlow News, March 1st, reports that Iran has established a $7.8 billion cryptocurrency parallel economy, mainly supported by Bitcoin mining and stablecoins, to bypass the U.S. dollar system.
Blockchain analytics firm Chainalysis data shows that by 2025, Iran’s crypto ecosystem will reach a scale of $7.78 billion, with addresses linked to the Islamic Revolutionary Guard Corps (IRGC) accounting for over 50% of Iran’s cryptocurrency inflows, receiving more than $3 billion in 2025. Elliptic analysis indicates that the Central Bank of Iran accumulated at least $507 million in USDT by 2025, possibly used to stabilize the rial and fund trade. The Iranian government mines Bitcoin at an estimated cost of about $1,300 per coin and sells it at market prices. Recent military strikes by the U.S. and Israel against Iran could threaten its power grid, potentially impacting energy-intensive mining activities.
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In 2025, Iran's crypto ecosystem will reach a scale of $7.78 billion, with the Islamic Revolutionary Guard Corps controlling over 50% of the funds flow.
Deep Tide TechFlow News, March 1st, reports that Iran has established a $7.8 billion cryptocurrency parallel economy, mainly supported by Bitcoin mining and stablecoins, to bypass the U.S. dollar system.
Blockchain analytics firm Chainalysis data shows that by 2025, Iran’s crypto ecosystem will reach a scale of $7.78 billion, with addresses linked to the Islamic Revolutionary Guard Corps (IRGC) accounting for over 50% of Iran’s cryptocurrency inflows, receiving more than $3 billion in 2025. Elliptic analysis indicates that the Central Bank of Iran accumulated at least $507 million in USDT by 2025, possibly used to stabilize the rial and fund trade. The Iranian government mines Bitcoin at an estimated cost of about $1,300 per coin and sells it at market prices. Recent military strikes by the U.S. and Israel against Iran could threaten its power grid, potentially impacting energy-intensive mining activities.