2026-01-12 06:21:37

Iranian Rial continues to depreciate, prices soar, and the country falls into an economic crisis. This scene feels all too familiar—almost identical to the script in 2019.

The most obvious change comes from on-chain data. The minting volume of stablecoins in the Middle East (mainly USDT) has surged significantly. This is no coincidence—when a country's monetary system completely fails, people vote with their feet.

The government has already openly admitted defeat, acknowledging the severe economic situation. Under these circumstances, cryptocurrencies have become the only safe haven for ordinary people. No inflation, no border restrictions, no risk of freezing.

This phenomenon clearly illustrates a point: the true value of financial tools often only becomes apparent in the most extreme moments.

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MEVHunterNoLoss

· 3h ago

Another death spiral, the surge in stablecoin minting volume—these data really don't lie. The Iranian people are now doing what we've long wanted to do. This is the true use case of crypto, not some shitcoin wealth code. On-chain data never lies; let's wait and see the subsequent developments. When prices soar, fiat currency is truly worthless paper. No wonder everyone is hoarding U. History always repeats itself. Who will be the next? In extreme times, true colors are revealed. Currently, stablecoins are their lifeline.

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MoonRocketTeam

· 01-12 11:41

The surge in stablecoin issuance is a more genuine signal than any press release... The power of RMB voting --- It's the same familiar formula, the same familiar taste. Haven't we learned our lesson since 2019? --- This might be the final mission of cryptocurrency: when traditional tools within the system fail, on-chain assets become especially valuable. --- The growth curve of USDT in the Middle East is more heartbreaking than a candlestick chart... What does it indicate? It shows that the people are the strongest short-selling force. --- Every time I see such phenomenal data, I feel a bit emotional. Extreme moments can truly strip down the essence of finance. --- It's rare for the government to admit defeat, but people have already voted with their feet. On-chain data won't lie. --- The point about having no border restrictions really hits the mark. No matter how many tools are within the system, it's all in vain. --- History repeating itself is truly astonishing. Same soup, different medicine. The only way forward is decentralization. --- Thinking about the USDT growth in Iran, it feels more concise than any macro report.

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LadderToolGuy

· 01-12 06:51

This is the real usage scenario, not a story created by tech geeks' hype.

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MetaverseHomeless

· 01-12 06:51

Here we go again, this script really never gets old... On-chain data doesn't lie, and the explosion in USDT minting in the Middle East says it all. Even with the RMB struggling, crypto has to step in as a safety net.

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GasFeeVictim

· 01-12 06:49

The surge in stablecoin minting is a reality... When the government collapses, people turn to blockchain, and it can't be stopped at all.

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RugPullAlertBot

· 01-12 06:47

The surge in stablecoin issuance says it all; only when fiat currency dies do people realize how awesome crypto really is.

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BlockBargainHunter

· 01-12 06:29

Reality is the best textbook. The surge in stablecoin minting volume explains everything. Another country is serving as a live teaching material for us. This is the true battlefield for crypto. Even the government has given up. Ordinary people can only rely on on-chain assets to save themselves. Frankly, the existing system has failed. Is 2019 repeating itself? History tends to repeat, just with different actors. At this point, you understand why holding stablecoins is important—more straightforward than any economics course.

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BasementAlchemist

· 01-12 06:28

The surge in stablecoin issuance is a sign of reality speaking --- Only when fiat currency completely collapses do you realize how attractive crypto is. Irony, huh? --- Another textbook case of an "extreme moment" --- Wait, was it like this in 2019? Why haven't people learned yet? --- Assets with a risk of being frozen should be sold off --- When the government admits defeat, it's time to get on board. This rule is too perfect --- The inflow of USDT clearly shows where people's preferences lie, no need to say more --- Every economic crisis is the best advertisement for crypto, isn't it? --- The failure of the local currency = finally understanding why holding coins is necessary

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