Iran's Crypto Market Hits $8B, Now 2% of GDP

Source: Coinomedia Original Title: Iran’s Crypto Market Hits $8B, Now 2% of GDP Original Link: https://coinomedia.com/irans-crypto-market-hits-8b-now-2-of-gdp/

Background

Iran’s crypto ecosystem has grown rapidly, reaching $8 billion in value during 2025, according to recent data. This booming activity now accounts for over 2% of the country’s annual GDP, highlighting how digital assets are becoming a significant part of Iran’s financial landscape.

Economic challenges, including high inflation and a weakening national currency, are driving both individuals and institutions in Iran toward crypto—especially Bitcoin—as a hedge against financial instability.

Why Iranians Are Turning to Bitcoin

The Iranian rial has faced dramatic depreciation in recent years, pushing locals to seek refuge in assets that can hold their value. In 2025, Bitcoin’s price in rial terms increased by nearly 2,000%, offering a safer alternative to traditional savings.

Iranian users are increasingly relying on self-custodied wallets, indicating a deeper understanding of decentralized finance. Rather than leaving assets on exchanges, many are choosing to take full control of their crypto holdings—an important shift that reflects both mistrust in centralized systems and a growing desire for financial sovereignty.

Crypto’s Role in Iran’s Economy and Future Outlook

Despite regulatory limits—Iran officially bans the use of cryptocurrencies for payments—the market continues to flourish. Some activity has even been linked to institutional players and sanctioned entities, showing the complex role crypto plays within and beyond the official economy.

With the sector now contributing significantly to GDP, Iran’s crypto market is no longer underground—it’s mainstream. This trend suggests that unless regulations evolve, the government may struggle to control a movement that’s already reshaping how people in Iran store, move, and grow their wealth.