Iran’s Crypto Comedy: $507M USDT Gamble Gone Wild!

According to the wise wizards at Elliptic, Iran went on a shopping spree, buying USDT like it was going out of style-all via Emirati Dirhams, of course. They stashed their loot on Nobitex, Iran’s crypto fortress. But here’s the kicker: Nobitex wasn’t just a vault; it was their secret weapon to manipulate foreign exchange markets. Talk about killing two birds with one stablecoin!




