DeFi Iran’s central bank bought $507 million USDT to underpin rial, report finds By info@uweb3.io January 21, 2026 Share This Post FacebookTwitterPinterestWhatsApp 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. TagsBankboughtCentralfindsIransmillionReportRialunderpinUSDT Related Posts Vitalik Buterin Endorses Interfold, Privacy Protocol for On-Chain Voting and Secret Auctions Ethereum co-founder Vitalik Buterin highlighted Interfold, a privacy protocol... Why DeFi’s $20 billion TVL drop is just a market stress-test The decentralized finance (DeFi) sector has been hit by... UniCredit warns Europe may struggle to contain crypto-bank crisis under MiCA rules Europe may struggle to contain a financial shock tied... Aave Labs’ Push Gains UK FCA Crypto Registration Aave Labs' UK subsidiaries, Push Labs Ltd. and Push... Sui blockchain suffers another network outage as transactions grind to a halt Sui network, a layer 1 blockchain developed by Mysten... Crypto Long & Short: Asia’s regulated crypto future In today’s newsletter, Hassan Ahmed outlines the state of... Previous articleFast-food chain Steak n Shake to pay hourly workers a bitcoin bonusNext articleOndo Finance launches tokenized US stocks and ETFs on Solana