Elliptic Says Iran’s Central Bank Quietly Built a $500M Stablecoin War Chest

Elliptic says Iran’s central financial institution quietly amassed greater than $500 million in dollar-backed stablecoins, utilizing blockchain infrastructure to bypass sanctions and stabilize its collapsing forex. Blockchain Evaluation Agency Believes Stablecoins Bolster Iran’s Shadow System Based on a brand new investigation from Elliptic, the Central Financial institution of Iran (CBI) acquired no less than $507 million in USDT, the […]



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