Deep Tide TechFlow News, April 19, according to Cointelegraph, Iran has used Bitcoin for the Strait of Hormuz oil transit fee settlement. However, sources familiar with the matter stated that stablecoins still handle the majority of actual fund flows. The report said that although Bitcoin is used in related payment arrangements, stablecoins still dominate in the real fund settlement layer.
Deep Tide TechFlow News, April 19, according to Cointelegraph, Iran has used Bitcoin for the Strait of Hormuz oil transit fee settlement. However, sources familiar with the matter stated that stablecoins still handle the majority of actual fund flows. The report said that although Bitcoin is used in related payment arrangements, stablecoins still dominate in the real fund settlement layer.