In brief
- Chainalysis estimates that Iran’s crypto ecosystem reached about $7.78 billion in 2025, growing faster than the year prior.
- Bitcoin withdrawals by civilians surged during mass protests and an internet blackout that began in late December 2025.
- Separately, IRGC-linked networks accounted for more than half of Iran’s crypto value received in late 2025.
As Iran’s economy reels from deepening unrest and a collapsing currency, cryptocurrency activity tied to the country surged to nearly $7.8 billion in 2025, according to a new report from blockchain analytics firm Chainalysis.
According to Chainalysis, the data shows digital assets increasingly serving two distinct roles—as a financial escape valve for civilians during periods…