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Bitcoin, rather than stablecoins, may be used to pay oil transit fees.
Initial reports pointed to stablecoins, but the focus later shifted to Bitcoin as the more likely option.
Stablecoins like $USDT and $USDC can be frozen by their issuers, while Bitcoin cannot be blocked or censored.
Iran is likely to collect payments via QR codes, giving ships only seconds to pay, suggesting the use of the Lightning Network for near-instantaneous Bitcoin transactions.
$BTC
{spot}(BTCUSDT)