Iranian rial hits record low; stablecoin use rises as of January 2026

As of January 2026, the Iranian rial trades near 1.5 million per U.S. dollar after a late‑2025 plunge. With inflation persistently above 40% and sanctions limiting trade, many residents have turned to dollar‑pegged stablecoins, while a September 2025 rule caps annual purchases at $5,000 and holdings at $10,000.