TechFlow News, March 1: According to a CoinDesk report, Iran has established a $7.8 billion cryptocurrency parallel economic system—primarily supported by Bitcoin mining and stablecoins—to circumvent the U.S. dollar system.
Data from blockchain analytics firm Chainalysis shows that Iran’s cryptocurrency ecosystem reached $7.78 billion in 2025, with addresses linked to the Islamic Revolutionary Guard Corps (IRGC) accounting for over 50% of cryptocurrency inflows into Iran—receiving more than $3 billion in 2025. Elliptic analysis indicates that the Central Bank of Iran accumulated at least $507 million in USDT in 2025, potentially to stabilize the rial and finance trade. The Iranian government mines Bitcoin at an estimated cost of around $1,300 per coin and sells it at market prices. Recent U.S.-Israeli military strikes against Iran may threaten its power grid, thereby impacting its energy-intensive mining operations.
