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Mian Bilal Ali
The banking system is blocked, so where can the funds go? The answer might be on-chain.
Here it comes again.
Iran allows the use of $BTC and USDT for foreign trade settlements. What truly deserves attention is not "Iran starting to buy Bitcoin."
Rather, it is that—when traditional financial channels become increasingly difficult to use, the country begins to seek another path.
With increased US sanctions, the dollar, banking system, and traditional cross-border payment channels restricted
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