Iran dey reason Bitcoin tolls for Hormuz, but dem dey argue say make dem use stablecoin instead

Reports dey talk say Iran fit accept cryptocurrency to collect tolls for oil tankers wey dey pass through the Strait of Hormuz to reduce exposure to US sanctions. But no official, verifiable payment framework don comot, so market movement dey mainly driven by commentary and conflicting claims. For later update, Galaxy man Alex Thorn question whether the initial “Bitcoin (BTC) tolls” claim dey fully supported. Some accounts dey suggest say tolls fit instead dey paid in stablecoins or even Chinese yuan. For a Bitcoin (BTC) scenario, Thorn talk say the most operationally likely approach fit be to use standard BTC addresses rather than Lightning, considering estimated toll sizes around $200,000–$2 million per ship. He also note say the largest known Lightning transaction na about $1 million, which dey raise feasibility concerns for larger state-linked payments. Bitcoin supporters argue say BTC fit harder for third parties to freeze or block because Bitcoin no get issuer and no get built-in freeze function. By contrast, stablecoins like USDT/USDC rely on issuer controls (e.g., blacklist/freeze mechanics), which fit introduce compliance risk under sanctions. For traders, the key na headline risk plus execution uncertainty. Watch BTC on-chain activity and any large, time-sensitive payment behavior, because any credible shift from stablecoins back to Bitcoin fit impact sentiment about BTC’s real-world use under sanctions.