🇮🇷 Iranian Central Bank Purchases 507 Million USDT: Has the Stablecoin Become the "Lifeline" for the Rial?
While global regulators are still debating the legality of cryptocurrencies, the Central Bank of Iran has made a choice through concrete actions. According to the latest report from Elliptic analysts, the true purpose behind Iran's recent purchase of 507 million USDT has come to light.
Why is there a massive accumulation of USDT?
The answer is simple: to curb the free-fall depreciation of the national currency, the Rial. 📉
🔹 Means of operation: Funds are directed to the local exchange Nobitex.
🔹 Core strategy: By injecting dollar liquidity into the domestic market, they attempt to maintain the stability of the Rial's exchange rate.
🔹 Background significance: Amid severe sanctions and economic turmoil, USDT has become an effective tool for the Central Bank to "manually adjust" the exchange rate.
What does this mean for the market?
This once again proves that stablecoins are evolving into practical tools for national financial policy. When traditional financial channels are blocked, blockchain becomes the last refuge. ⛓️
It seems that USDT has officially become the "Plan B" for certain countries. Which country will be next in line seeking liquidity support? 🤔
#USDT #伊朗 #加密货币新闻 #稳定币 #Elliptic


