Iran’s Crypto Economy Hit $7.8 Billion in 2025 as Protests Fueled Bitcoin Use: Chainalysis

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…

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