Iran lets exporters settle trade in Bitcoin to dodge US sanctions

Iran's central bank has quietly stopped forcing exporters to bring earnings home through state currency channels, letting them settle cross-border trade in Bitcoin and Tether instead as US sanctions squeeze normal banking. Officials estimate more than $100 billion in earnings sits undeclared. It signals another government leaning on Bitcoin, the asset behind Grayscale Bitcoin Mini Trust ETF (BTC), though US enforcement can still freeze these coins.