Iran's IRGC Dominates Crypto Economy with Stablecoin Use

The Islamic Revolutionary Guard Corps (IRGC) controls a significant portion of Iran's crypto economy, according to Kaitlin Martin, Senior Intelligence Analyst at Chainalysis. Martin revealed that the IRGC accounted for nearly 50% of Iran's total crypto activity in Q4 2025, with stablecoins playing a crucial role. According to BeInCrypto, the IRGC's reliance on stablecoins is due to their ability to facilitate rapid cross-border payments, essential for a heavily sanctioned economy. The U.S. Treasury and Israel have sanctioned and seized multiple IRGC-linked wallets using stablecoins.