Luminous Ledger

Tag: Iranian rial crisis

Why $4.18 Billion in Crypto Left Iran in 2024: The Real Story Behind the Outflows
29 June 2026 Rebecca Andrews

Why $4.18 Billion in Crypto Left Iran in 2024: The Real Story Behind the Outflows

In 2024, $4.18 billion in crypto flowed out of Iran, a 70% surge driven by citizens fleeing hyperinflation and geopolitical tension. Chainalysis data reveals this was retail-led wealth preservation, not state evasion.

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