Elliptic says Iran’s central bank quietly accumulated more than $500 million in dollar-backed stablecoins, using blockchain infrastructure to bypass sanctions and stabilize its collapsing currency. Blockchain Analysis Firm Believes Stablecoins Bolster Iran’s Shadow System According to a new investigation from Elliptic, the Central Bank of Iran (CBI) acquired at least $507 million in USDT, the […]
Source: https://news.bitcoin.com/elliptic-says-irans-central-bank-quietly-built-a-500m-stablecoin-war-chest/