In one of the most striking statements of the current geopolitical landscape, Saudi Crown Prince Mohammed bin Salman asserted that “Muslim countries are now aligned with Iran and do not want to see Iran lose.” This statement, more than an opinion, represents a redefinition of the power axis in the Middle East… and the repercussions could shake global markets, including the crypto ecosystem.
🌍 Is a new Islamic order emerging?
MBS's statement, framed in the context of growing tensions between Israel and Iran, suggests a tectonic shift in traditional alliances, where historical religious and geopolitical differences are giving way to a united front against external threats. This realignment could also accelerate the dedollarization in the Middle East, a region historically key to the petrodollar and international financial markets.
📉 And the impact on crypto?
With Iran at the forefront of decentralized mining and pilot projects for sovereign digital currencies, and Saudi Arabia exploring CBDCs and cooperation with China and BRICS, a united Islamic bloc could become a new geoeconomic node adopting alternatives to the Western financial system. Assets like Bitcoin and XRP, which already operate outside the SWIFT system, could become even more relevant in this context.
💬 Expert voices:
Nic Carter (Castle Island Ventures): “The regional alignment in the Middle East could trigger a new strategic use of Bitcoin as a decentralized store of value.”
Caitlin Long (Custodia Bank): “If Iran and Saudi Arabia deepen crypto-financial cooperation, the impact could be irreversible for the global financial order.”
