Iran Secretly Bought Tether’s USDT To Save Its Economy
Iran’s Central Bank secretly purchased more than $500 million worth of Tether’s USDT stablecoin as the country’s currency crisis deepened, according to new findings from crypto security firm Elliptic. The transactions point to a state-level effort to stabilize the collapsing rial and maintain trade flows while bypassing the global banking system. Iran’s Rial Crisis Explained...
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