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Today (April 24, 2026), the total market cap of cryptocurrencies is around $2.53 to $2.6 trillion, dominated by Bitcoin (~$1.55T) and Ethereum (~$281B). Regarding Iran, its crypto holdings are estimated at $7.8 billion in 2025, utilized by both the state and civilians to sidestep sanctions and safeguard their savings.
Iran and cryptocurrencies
State usage:
The Guardians of the Revolution and the Central Bank of Iran prefer stablecoins (USDT, USDC) to dodge volatility.
Cryptos are being used to short embargoed oil and fund allied groups like the Houthis in Yemen.
By 2025, wallets linked to the Guardians received over $3 billion in cryptos, accounting for more than half of the country's inflows.
#AaveAnnouncesDeFiUnitedReliefFund