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According to Chainalysis, crypto usage in Iran surged in 2025 as protests spread and the rial nearly collapsed. Iran's crypto ecosystem has reached approximately $7.8 billion.
During the unrest, people rushed to withdraw Bitcoin from exchanges to personal wallets to preserve asset value and avoid financial controls. Chainalysis considers this a reasonable reaction to the collapse of the local currency.
Bitcoin is not only used to store wealth but also becomes a tool for people to maintain financial flexibility in a tightly controlled environment where traditional assets are easily monitored.