Tag: Rial

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Iran’s rial collapse mirrors Lebanon’s crisis, driving citizens to bitcoin

The rial, Iran’s official currency, has failed in 2026. Hyperinflation chews through savings every single day. Sanctions stack on top of bad decisions and...

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

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...

Iranians stash bitcoin as protests rage and rial tanks

Amid protests and economic crisis, Iranians are increasingly withdrawing bitcoin from exchanges to personal wallets.

Iran’s Rial Just Collapsed. Is It Time For Bitcoin?

Iran’s national currency, the rial, has completely collapsed against the U.S. dollar as the country’s economic crisis worsens. The value of one rial is...