BREAKING: Iran's Central Bank Secretly BoughtBlockchain firm Elliptic just exposed a major stablecoin operation by Iran.
What Happened: → $507M+ USDT accumulated in April-May 2025 → Paid using UAE dirhams through 50+ wallets → Funds sent to Nobitex exchange to buy rials → Goal: Prop up collapsing currency (now 1.4M rials per dollar)
The Fallout: → Tether froze $37M in linked wallets → Nobitex hacked for $90M by Israeli-linked group → Iran now using cross-chain bridges to hide funds
AkademikerPension ($25.7B fund) selling entire $100M Treasury holdings by month end. Investment Director: "The U.S. is basically not a good credit and long-term government finances are not sustainable."
DXY dropped to 98.21.
This is the narrative shift Bitcoiners have been waiting for, institutions publicly questioning U.S. creditworthiness.