Iranian encryption flows fall on Israel’s conflict, Nobaks Hack star-news.press/wp

The flows decreased to the Iranian encryption platforms in 2025 due to the collapse of nuclear negotiations with Israel, a $ 90 million penetration of the largest encryption exchange in Iran, and a large blacklist in Iran.

Iranian encryption flows reached $ 3.7 billion between January and July, by 11 % compared to the same period last year, with the worst decrease in June and July, TRM LABS He said In a report on Tuesday.

“This shrinkage coincided with the collapse of nuclear negotiations, and it is a 12-day conflict with Israel starting from June 13, and the large-scale power outage in Iran-driven by a set of Israeli motor and cyber operations, as well as the closure of the regime.”

Iranian encryption flows began to decrease sharply in June, after the penetration of 90 million dollars on Nobitex, which deals with 87 % of the country’s encryption transactions.

Many Iranians rely on stablecoins in US dollars as a valuable store amid an increase in inflation and hiking in difficult sanctions on the country, which largely reduced the global economy.

A major shareholder in Nobitex Hack at the disposal of Iranian encryption

Confidence has deteriorated in the virtual asset service providers (VASPS), which is based in Iran, after the breach of the security Nubicx, which came by a collective predatory group supporting Israel on June 18-when the tensions between Iran and Israel were at its peak.

TRM said that, while Nobitex continues to control the volume of encryption transactions in Iran, the accident has disrupted liquidity, slow treatment of transactions and temporarily pushing users towards alternative platforms.

TRM said that Iranian -Israeli tensions, which increased the external flow, which increased more than 150 % in the worst week and a large percentage of this folder went to a very dangerous foreign exchange with a little examination for your customers.

Black list slows down in Tether flows

Tether Stablecoin Tether also has ever freezed from Iran’s money, as 42 codes were listed with balances in Tether (USDT) on July 2.

The accident sparked a coordinated batch of Iranian and influential exchanges and state-backed channels for users to empty USDT-based USD-network assets that are most widely used in Iran-we transfer money to Dai (Dai) on the polygon.

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TRM said that many Iranians every day continue to resort to encryption as a hedge against inflation, highlighting Iran’s strong dependence on Stablecoins.

Iran continues to use encryption for political goals

TRM indicated that Iran is still dependent on encryption to pay the price of sensitive goods from the Chinese chips distributed, including important devices for artificial intelligence, drone components, and other electrical equipment – allowing them to effectively overcome sanctions.

Crypto Analytics has also been used to finance spy payments with foreign activists.

However, illegal encryption transactions in Iran are still only less than 1 % of the total size.

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