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Iran will use Bitcoin to settle oil transit fees at the Strait of Hormuz, but stablecoins still handle the majority of actual fund flows.

Source: x.com
According to Cointelegraph, Iran has used Bitcoin to settle oil transit fees in the Strait of Hormuz. However, insiders say stablecoins still handle the majority of actual fund flows. The report states that although Bitcoin is used in related payment arrangements, stablecoins remain dominant at the level of actual fund settlement.

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