Why Stablecoins Matter So Much to Everyday Iranians

[encrypted]

Iran has seen widespread protests amid worsening economic conditions and a collapsing Iranian rial, pushing citizens to seek alternatives to traditional finance. With internet access periodically restricted and inflation entrenched, crypto — particularly Tron-based USDT — has become a common way to preserve value and manage daily finances.

While adoption surged as a hedge against systemic risk, it has faced setbacks. A major exchange hack, Tether blacklistings, and new government-imposed limits on stablecoin holdings have constrained usage, even as demand for dollar-linked assets remains strong among the population.

[chainsniff]

feels bad knowing ppl rely on this and then get cut off by blacklists anyway