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Iran’s central bank bought $507 million USDT to underpin rial, report finds

by Simon Crypto Team
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Elliptic traced more than $500 million in USDT tied to Iran’s central bank, suggesting the stablecoin was used to manage foreign-exchange pressures and build a “sanctions-proof” alternative to dollar banking.

Tags: BankBoughtCentralFindsIransMillionReportRialunderpinUSDT
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bitcoin
Bitcoin (BTC) $ 82,599.00
ethereum
Ethereum (ETH) $ 2,501.41
tether
Tether (USDT) $ 0.999258
xrp
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staked-ether
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USDC (USDC) $ 0.999618