Money
BTC and Gold Signal 'Growing Evidence' of Shift Away From USD: Report
— Ai Summary —
Fidelity Digital Investments says nation-states and central banks are increasingly turning to Bitcoin and gold as alternative settlement systems beyond US control. Iran’s use of BTC for oil tolls through the Strait of Hormuz underscores growing interest in neutral, confiscation-resistant settlement options. The firm notes Iran’s 2025 discussions of a maritime shipping insurance model payable in Bitcoin, and its 2026 announcement to accept tolls in Bitcoin, USD-pegged stablecoins, and the Chinese yuan. US authorities subsequently froze about $344 million in Iran-linked stablecoins, while Tether’s USDt remains dominant in oil shipments, according to research cited by the firm.
AI-generated summary • Source: Cointelegraph • Read the full article for complete information.
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