Bitcoin may be used, not stablecoins, to pay for oil transit fees.



Initial reports pointed to stablecoins, but the focus later shifted toward Bitcoin as a preferred option.

Stablecoins like USDT and USDC can be frozen by the issuing entities, whereas Bitcoin cannot be banned or censored.

Iran is likely to collect payments via QR codes, giving ships only seconds to pay, indicating the use of the Lightning network to conduct Bitcoin transactions$BTC ‌ ‌$ETH ‌ ‌
BTC-1.82%
ETH-1.35%
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