That's one of the levers they can pull to let banks eat more bonds. It has QE-like effects; positive for liquidity.

*BESSENT: COULD CHANGE SUPPLEMENTARY LEVERAGE RATIO OVER SUMMER

*Walter Bloomberg

Twitter

Amidst the sharp depreciation of the Iranian rial and Trump's stringent sanctions, Iran's Ministry of Defense export center, Mindex, announced it would accept cryptocurrency payments for arms sales, challenging the dollar-based system [...]
The article, "Iranian Ministry of Defense: Accepts Cryptocurrency Payments to Purchase Missiles, Armed Drones, Missile Warships...", was originally published on BlockTempo, the most influential blockchain ABMedia media.

Iran's Ministry of Defense announced it will accept cryptocurrency payments for the purchase of missiles, armed drones, and missile warships.

According to onchain investigator ZachXBT, hundreds of cryptocurrency wallets across multiple EVM-compatible blockchains are being emptied, while the attack continues and losses are increasing. On the channel...

Hundreds of EVM crypto wallets were suddenly emptied of funds.

US Crypto Policy 2026: From the Golden Age to the Deeper Waters of Compliance