Iran’s central bank bought $507 million USDT to underpin rial, report finds

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Why This Matters

Iran's central bank has reportedly purchased $507 million in USDT to stabilize the rial and potentially create a sanctions-proof alternative to dollar banking.

Market Impact

Market impact analysis based on bullish sentiment with 80% confidence.

Sentiment
Bullish
AI Confidence
80%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

Elliptic traced more than $500 million in USDT tied to Iran’s central bank, suggesting the stablecoin was used to manage foreign-exchange pressures and build a “sanctions-proof” alternative to dollar banking.

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Original article published by CoinDesk on January 21, 2026.
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