According to reports, Bitcoin plays an important role in Iran, and the collapse of the Iranian currency has driven the popularity of Bitcoin. Meanwhile, the Islamic Revolutionary Guard Corps (IRGC) has transferred approximately $1 billion through cryptocurrency exchanges like Zedcex to evade sanctions. Trading volume surged from $24 million in 2023 to over $1 billion in early 2025, mainly using USDT on the Tron network. Additionally, it is reported that Iran's Defense Export Agency is currently selling ballistic missiles and drones publicly and supports payments using cryptocurrencies.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
According to reports, Bitcoin plays an important role in Iran, and the collapse of the Iranian currency has driven the popularity of Bitcoin. Meanwhile, the Islamic Revolutionary Guard Corps (IRGC) has transferred approximately $1 billion through cryptocurrency exchanges like Zedcex to evade sanctions. Trading volume surged from $24 million in 2023 to over $1 billion in early 2025, mainly using USDT on the Tron network. Additionally, it is reported that Iran's Defense Export Agency is currently selling ballistic missiles and drones publicly and supports payments using cryptocurrencies.