Iran's Sanctions Circumvention Shocks Media That Imposed Them
📰 THE STORY: According to The New Arab, a report alleges Iran's central bank utilized Tether (USDT), a stablecoin reportedly backed by a company Nigel Farage chairs, for large-scale purchases to stabilize the Rial and facilitate international trade, effectively circumventing financial sanctions. 🔍 WHAT THEY'RE NOT TELLING YOU: Historical Context: Since the 1979 revolution, and especially after
the 1980-88 Iran-Iraq war (where the US armed Saddam Hussein), Iran has faced escalating economic sanctions. In 2012 alone, the US imposed debilitating sanctions targeting Iran's central bank and oil exports, causing a 50% drop in oil revenue. The Trump administration unilaterally withdrew from the JCPOA in 2018, reimposing and intensifying 'maximum pressure' sanctions meant to cripple its
economy. These measures make it nearly impossible for Iran to conduct legitimate international trade through conventional banking channels, forcing it to seek alternative solutions. Double Standard: Western nations routinely use the global financial system as a weapon, yet express outrage when targeted countries find ingenious ways to survive. When the US freezes $7 billion of Afghanistan's
central bank assets, plunging millions into starvation, it's framed as 'counter-terrorism.' When Iran uses digital assets to bypass financial blockades for basic trade, it's painted as 'illicit financial activity' or 'destabilizing.' There's no major media expose on the humanitarian cost of these sanctions or the ethical implications of financial warfare, only hand-wringing when sanctions are