Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
🚢 Is the "Bitcoin toll fee" appearing in the Strait of Hormuz? But the real settlement protagonist is actually stablecoins
A recent cryptocurrency news story has sparked heated discussion in the market.
According to foreign media reports, during a two-week ceasefire, Iran requested some oil tankers passing through the Strait of Hormuz to pay toll fees denominated in Bitcoin to maintain control over this important shipping route.
The specific process is roughly as follows:
1️⃣ Shipping companies need to send an email to Iranian authorities reporting the cargo information of the oil tanker
2️⃣ Iran evaluates and informs the required toll fee
3️⃣ The ship must complete the cryptocurrency payment in a very short time
Iranian officials stated that this method can avoid restrictions of the traditional financial system and reduce the risk of funds being tracked or frozen.
📊 But the actual situation is not entirely so
Insiders revealed that although the toll fee is denominated in Bitcoin (BTC), in the actual settlement process, most of the funds are still paid through stablecoins.
The reasons are simple:
Stablecoin prices are more stable
Transfer efficiency is higher
Settlement risk is lower
Therefore, in real-world trading scenarios, stablecoins are often more suitable than Bitcoin as a settlement tool.
🔎 Market significance
This incident once again shows that cryptocurrencies are not only present in investment markets but are also gradually entering international trade and cross-border payment scenarios.
Whether it is Bitcoin or stablecoins,
They are becoming a new payment option outside the traditional financial system.
🌱 A word for investors
The value of technology,
Is often not reflected when prices rise,
But when it is truly used.
As more real-world scenarios begin to accept crypto assets,
Time will naturally provide the answer. 🚀📊