{"id":585702,"date":"2026-04-18T19:28:13","date_gmt":"2026-04-18T19:28:13","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/04\/18\/iran-views-btc-as-a-strategic-asset-but-usdt-still-dominates-oil-tolls-bpi\/"},"modified":"2026-04-18T19:28:13","modified_gmt":"2026-04-18T19:28:13","slug":"iran-views-btc-as-a-strategic-asset-but-usdt-still-dominates-oil-tolls-bpi","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/04\/18\/iran-views-btc-as-a-strategic-asset-but-usdt-still-dominates-oil-tolls-bpi\/","title":{"rendered":"Iran views BTC as a strategic asset, but USDt still dominates oil tolls: BPI"},"content":{"rendered":"

\"Iran<\/p>\n

The Iranian government chose Bitcoin as a payment method for oil tolls due to its confiscation-resistant properties, but only dollar stablecoins have been used so far.<\/p>\n

Iran\u2019s government naming Bitcoin (BTC<\/a>) as a payment method for oil ships crossing the Strait of Hormuz highlights its role as a neutral, strategic asset, according to Sam Lyman, head of research at digital asset advocacy organization Bitcoin Policy Institute (BPI).\u00a0<\/p>\n

The government selected BTC as one of the payment methods<\/a> for the tolls because of its censorship-resistant qualities, Lyman told Cointelegraph. He said:\u00a0<\/p>\n

Iran is accepting oil tolls in Chinese yuan, US dollar-pegged stablecoins and BTC. However, there is \u201cno onchain evidence\u201d of a BTC toll payment so far, Lyman said, adding that the \u201cmajority\u201d of Iran\u2019s crypto transactions are denominated in US dollar stablecoins.<\/p>\n

Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"

The Iranian government chose Bitcoin as a payment method for oil tolls due to its confiscation-resistant properties, but only dollar stablecoins have been used so far. Iran\u2019s government naming Bitcoin (BTC) as a payment method for oil ships crossing the Strait of Hormuz highlights its role as a neutral, strategic asset, according to Sam Lyman, […]<\/p>\n","protected":false},"author":1,"featured_media":585703,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-585702","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/585702","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=585702"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/585702\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/585703"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=585702"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=585702"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=585702"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}