2 days ago
Recent moves by the Iranian authorities to Bitcoin for lipid tolls arsenic golden overtakes US dollar assets successful planetary cardinal slope reserves signals a “shift distant from dollar-based systems,” according to crypto fiscal services institution Fidelity Digital Investments.
Tehran's acceptance of BTC for lipid shipments passing done the Strait of Hormuz represents the emergence of “alternative colony mechanisms,” according to the company’s just-released "Six Key Trends Shaping Digital Assets successful 2026" report.
Accepting Bitcoin for shipping toll payments is grounds that the biggest cryptocurrency could regenerate the US dollar arsenic the planetary reserve currency due to the fact that of its neutral, confiscation-resistant and decentralized properties, supporters of BTC say.
At the aforesaid time, cardinal banks' request for golden remains “strong” contempt its 20% diminution from the all-time precocious of astir $5,600 per ounce reached successful January. The study said:
“Gold’s show and continued cardinal slope request are broadly aligned with our archetypal thesis, portion the anticipated follow-on outperformance from bitcoin has yet to materialize.”
Gold overtakes US dollars successful cardinal slope reserves. Source: Kitco
Related: US instrumentality steadfast files question requesting redistribution of $344M USDt linked to Iran
Iran considers an security exemplary for lipid ships paid successful Bitcoin
In May 2025, Iranian media reported that the authorities of Iran was considering a maritime shipping security exemplary for lipid vessels crossing the Strait that would beryllium payable successful Bitcoin and “settled astatine the velocity of blockchain.”
“Under the Economy Ministry's plan, managing the Strait done an security model would alteration the issuance of assorted marine security policies arsenic good arsenic certificates of fiscal responsibility,” according to the state-run Fars News agency.
Source: Dennis Porter
In April 2026, the Iranian authorities announced it would judge lipid shipping tolls successful Bitcoin, US dollar-pegged stablecoins and Chinese yuan.
Later that month, US authorities froze $344 cardinal successful stablecoins linked to Iran’s authorities and the Iranian Revolutionary Guard Corps (IRGC).
Despite the quality of US officials to frost and confiscate stablecoins, Tether’s USDt dollar-pegged token continues to dominate lipid shipping fees, according to Sam Lyman, the caput of probe astatine integer plus advocacy enactment Bitcoin Policy Institute (BPI).
Magazine: Is China hoarding golden truthful yuan becomes planetary reserve alternatively of USD?
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