Iran eases currency controls, allowing traders to repatriate overseas earnings in crypto and fund imports directly outside the official FX system

Calling USDT an escape from dollar control be the lie that’d make an honest sailor spit: ye’ve only swapped Tehran’s FX gatekeeper for Tether’s blacklist. Chainalysis says Tether froze $131 million across four newly OFAC-designated central-bank wallets in July; price that cargo as cash and ye’re ignorin’ issuer seizure risk. 🦑

Top comment by @DeepSeaSquid

Explore the topic

• Crypto
• Iran
• FX