Hormuz require to use a secret code / crypto payment and furute proposals

[retreat]

It would make more sense for Iran to accept the Chinese yuan as toll payment rather than stablecoins, as they could directly use the yuan to strengthen trade and economic ties with China. This would directly increase the level of strategic cooperation between the Iranian and Chinese governments - that would provide greater benefits to Iran than accepting stablecoins.

The position of stablecoins issued by companies also makes it vulnerable to US intervention because they are transparent and can be frozen at any time. Therefore, accepting stablecoins in this position is extremely risky and could cost them hundreds of millions of dollars if the US intervenes successfully. I don't think Iran would be willing to risk itself knowing that.

[Faisal2202]

I am wondering how Iran will accept such payments in stablecoins that are usually pegged to the dollar. Can't these payments be tracked and frozen by the US government? I have heard of countries bypassing sanctions through using Bitcoin and others but never heard of stablecoins. China has not yet rolled out its own stablecoins so I am wondering how Iran will deal with this. Maybe they they are not giving out the right information. They might be using Bitcoin or other decentralized coins.

I have checked several news sites, none of them have mentioned stablecoins, most of the sites I checked have mentioned two methods, "Cryptocurrency and Yuan" and so far I have seen ships paying in Yuan. No reports of any ships paying in any kind of crypto. But they would be idiots to take money in usdt or any other stable coins, I am sure they are not that stupid, they must be taking payments in other forms, they already used BTC on my other occasions.

This time, they have huge support from China, which is why they are using their currency, not their own currency. Although their own currency has also made tremendous growth in the previous few days.

[MarjorieZimmermanGinger]

It would make more sense for Iran to accept the Chinese yuan as toll payment rather than stablecoins, as they could directly use the yuan to strengthen trade and economic ties with China. This would directly increase the level of strategic cooperation between the Iranian and Chinese governments - that would provide greater benefits to Iran than accepting stablecoins.

The position of stablecoins issued by companies also makes it vulnerable to US intervention because they are transparent and can be frozen at any time. Therefore, accepting stablecoins in this position is extremely risky and could cost them hundreds of millions of dollars if the US intervenes successfully. I don't think Iran would be willing to risk itself knowing that.

Iran also accepts stablecoins specifically USDT in its trade, although it also accepts payments in Yuan. Iran has faced international sanctions, so it is trying to bypass conventional banking transactions to facilitate transactions with its partner countries. The only concern is that using USDT will result in a freeze, which would inevitably lead to significant losses. This should be a special consideration for Iran.

Using Yuan will enhance Iran's cooperation with China, making this move far more effective than using USDT. If Iran does indeed use USDT in its trade, it may have other targets it wants to achieve, as Iran is known to always have a surprise to counteract US aggression especially with many countries in the world that do not have special relations with them as a form of support for the current war.

[Akbarkoe]

Using crypto is very good but with the caveat that you have to use bitcoin, if the proposal is aimed at stablecoins, I think they are courting their own death when the developers can freeze the funds collected from those payments, or at least they have a stablecoin that the Iranian government can have control over and can guarantee that the stablecoin used is safe.

or can avoid stablecoins related to the US and Israel or their enemies because it could be a serious threat, like hanging a sword around the neck.

It would be wiser for the Iranian government to use Bitcoin and this step will be a big step in the future.

my silly mind once again says petro-bitcoin in the future😎

[Ronsbit]

If they use crypto as a means of payment, that's fine because what I just see there is the fact that they are just being careful to avoid sanctions from the international community, such as the US. They could make use of bitcoin to perfect it so it does not worry them even if they get information of their wallet address. It was a smart move from the Iran and other countries that shares the Hormuz line.

[stompix]

# Possible future scenarios: Use of crypto in the shipping industry, payment of fees in stablecoins, port clearance or transit fees could be on the blockchain.

Stable coins are the poorest option, since they can be seized programmatically.
Smart people would use proper strong and decentralized blockchains like Bitcoin, or, if they don't want the world find out about the payment, then Monero.

Even more, the news on the matter are imho chaotic and cannot be trusted.
One tells about payment, another one denies that.

Remember when Europe was supposed to pay for gas in rubles?
Or when Russia was avoiding sanctions with crypto?
Or any other nonsense?

The best clue that this is all crap and nobody gives a damn about the yuan or anything else, is the fact that everyone mentions "2 million dollars", so not 6 million yuan, not 10 million yuan, not 7.405341 million dollars or how a fixed sums in yuans or rials or rubles would look after the convertion but a fixed 2 million dollars..
But yeah, the petrodollar is dead, it has already died more times than Bitcoin anyhow  

[ClaudeKing]

# Possible future scenarios: Use of crypto in the shipping industry, payment of fees in stablecoins, port clearance or transit fees could be on the blockchain.

Stable coins are the poorest option, since they can be seized programmatically.
Smart people would use proper strong and decentralized blockchains like Bitcoin, or, if they don't want the world find out about the payment, then Monero.

Even more, the news on the matter are imho chaotic and cannot be trusted.
One tells about payment, another one denies that.

Remember when Europe was supposed to pay for gas in rubles?
Or when Russia was avoiding sanctions with crypto?
Or any other nonsense?

The best clue that this is all crap and nobody gives a damn about the yuan or anything else, is the fact that everyone mentions "2 million dollars", so not 6 million yuan, not 10 million yuan, not 7.405341 million dollars or how a fixed sums in yuans or rials or rubles would look after the convertion but a fixed 2 million dollars..
But yeah, the petrodollar is dead, it has already died more times than Bitcoin anyhow  

Your observation is spot-on: narratives about Russians paying for gas with rubles or evading sanctions with crypto are often oversimplified, and the fact that everyone continues to use “2 million dollars” as a benchmark demonstrates the dominance of global currencies in communication. Yuan, rubles, or rials may be used in local transactions, but for international perception and media coverage, the dollar remains the standard. This also suggests that claims of the petrodollar’s ​​demise are often exaggerated, just as repeated predictions of Bitcoin’s demise are. Ultimately, despite various currency diversification efforts, the dollar remains the universal language of the global economy, and interpreting prices in dollars is psychologically more acceptable to the global public, explaining why all figures revert to dollars.

[nemesis_incarnate]

If they use crypto as a means of payment, that's fine because what I just see there is the fact that they are just being careful to avoid sanctions from the international community, such as the US. They could make use of bitcoin to perfect it so it does not worry them even if they get information of their wallet address. It was a smart move from the Iran and other countries that shares the Hormuz line.

Or Monero, as it was said by other members, why not. Depends on what they strive for, but not with stables..

[OmegaStarScream]

Looks like Bitcoin is indeed going to be used:

Hosseini suggested that empty tankers would transit without charge, but fully laden vessels must comply with the reporting and crypto payment process before being cleared for passage.

“Once the email arrives and Iran completes its assessment, vessels are given a few seconds to pay in Bitcoin, ensuring they can’t be traced or confiscated due to sanctions,” he said.

With the plan of charging 1$ per barrel, vessels with over 1 million berrels, and dozens, if not hundreds of vessels per day (the case from prior to the conflict)... I think that would create a very solid demand for bitcoin, depending on how long this is going to last of course and if all payments are made in BTC.

[IjawMan]

Looks like Bitcoin is indeed going to be used:

This is a news that will advance the demand for bitcoin and impact positively on the market.

Hosseini suggested that empty tankers would transit without charge, but fully laden vessels must comply with the reporting and crypto payment process before being cleared for passage.

“Once the email arrives and Iran completes its assessment, vessels are given a few seconds to pay in Bitcoin, ensuring they can’t be traced or confiscated due to sanctions,” he said.

With the plan of charging 1$ per barrel, vessels with over 1 million berrels, and dozens, if not hundreds of vessels per day (the case from prior to the conflict)... I think that would create a very solid demand for bitcoin, depending on how long this is going to last of course and if all payments are made in BTC.

They had to go for bitcoin amongst all open options to secure control of the money they will be making from the toll charge. $1 per barrel totalling it to the fleet of ships making through the Strait of hormuz in a day, Iran will be swimming in millions of dollars from the implementation of this.  That is a non-negligible amount that must be secured against the enemy and bitcoin provides that security and custody.

[goldkingcoiner]

I would not celebrate Bitcoin's newfound demand just yet. If Israel keeps attacking, Iran will keep the strait closed once again.

No idea on what Israel is trying to achieve... They want to plunder more land until there is no more land to plunder?

[BALIK]

I would not celebrate Bitcoin's newfound demand just yet. If Israel keeps attacking, Iran will keep the strait closed once again.

No idea on what Israel is trying to achieve... They want to plunder more land until there is no more land to plunder?

I’m not sure how accurate this information is, but according to the latest update. Iran has temporarily halted and closed the strait again because Israel has not stopped its attacks on Lebanon.

It can be said that the current situation remains very unstable and the ceasefire agreement is still very fragile. It is still too early to say that Bitcoin will be used for collecting fees and driving Bitcoin adoption.

Netanyahu apparently does not want to end this war and he is trying to break the ceasefire agreement between Trump and Iran.

https://nypost.com/2026/04/08/world-news/iran-blocks-oil-tankers-in-strait-of-hormuz-blaming-israel-strikes-in-lebanon/

[BitGoba]

Bitcoin is not crypto. Crypto is centralized noise. Bitcoin is something else entirely.Crypto and Bitcoin are two different things.

 Crypto is more or less a centralized scam, where various fraudsters create scam coins and try to sell them to people who do not understand what Bitcoin is or what money is. , under the pretense that it is a better, faster, or more private version of Bitcoin.

I don’t believe they actually want crypto unless they’re idiots The only thing that would make sense for them to want is Bitcoin, but for any governments, Bitcoin is a double-edged sword That is why governments can never fully support it.Governments would rather support crypto because it is centralized and under control. They can control crypto.For example, on Ethereum, the largest crypto ,transactions are under OFAC influenc.

It is natural that no government wants to use something that is under the control of another hostile government.So I do not believe they want to use any crypto. The only thing that makes sense for them to use is Bitcoin, as the most decentralized and hardest form of money people have ever used.

[Wiwo]

Stable coins are no where different from the United States dollar's, same level of control can be enforced on Stable coins, I think the Stable coins aspect is encouraging non friend's Nation's like the US and Isreal to make their passage payment outside the Chinese Yeurn this move have nothing to do or add to the cryptocurrency Industry.

If their have option in for decentralized coins like Bitcoin, it could have been better and all the factors you mentioned could have played out easily, but as it is, this reopening has zero impact for cryptocurrency.

Iran will rely more on the Chinese currency for fee payment, Stable coins just as alternative incase the fiat system doesn't work put for some.

[nemesis_incarnate]

I would not celebrate Bitcoin's newfound demand just yet. If Israel keeps attacking, Iran will keep the strait closed once again.

No idea on what Israel is trying to achieve... They want to plunder more land until there is no more land to plunder?

Nah. It's another thingie, imo. To be in office and to not be prosecuted for what already was done