Bitcoin, rather than stablecoins, may be used to pay oil transit fees.



Initial reports pointed to stablecoins, but the focus later shifted toward Bitcoin as the more likely option.

Stablecoins such as USDT and USDC can be frozen by their issuers, whereas Bitcoin cannot be banned or censored.

It is likely that Iran will collect payments via QR codes, giving ships only seconds to pay, indicating the use of the Lightning network to carry out near-instant Bitcoin transactions

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