Billions in crypto are moving in Iran. Analysts can't agree if it's war-time panic or business as usual

Billions of dollars in cryptocurrency are currently being transferred within Iran, raising eyebrows among financial analysts and experts. There is a significant divide in opinion among these analysts; some believe that this surge in crypto activity is a reflection of war-time panic, as individuals and businesses seek to safeguard their assets amid escalating tensions or instability. Others, however, argue that this movement represents a continuation of standard business practices, as Iranians increasingly turn to digital currencies for everyday transactions or as a means of circumventing economic sanctions. This ongoing debate sheds light on the complexities of Iran's financial landscape and the evolving role of cryptocurrency in responding to both domestic and international pressures. source: https://www.coindesk.com/business/2026/03/04/exodus-or-firewall-blockchain-analysts-clash-over-iran-s-crypto-outflows