Stablecoins, not BTC, likely choice for Iran's Hormuz crypto tolls

An analysis suggests that if Iran's Islamic Revolutionary Guard Corps (IRGC) imposes a cryptocurrency toll on oil tankers in the Strait of Hormuz, it would likely favor stablecoins over Bitcoin as the payment method. BeInCrypto reported, citing Chainalysis, that dollar-pegged stablecoins are better suited for large-scale transactions due to their price stability and liquidity. Chainalysis noted that inflows to IRGC-related wallets are estimated to have surpassed $3 billion in 2025, indicating an operational scale where stablecoins would be a more practical choice. The analysis also highlighted the risk of potential asset freezes by stablecoin issuers.