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Iran Turns the Strait of Hormuz into a Toll Road: Payments Demanded in Yuan and Cryptocurrencies
CRYPTOCURRENCY94% credibility

Iran Turns the Strait of Hormuz into a Toll Road: Payments Demanded in Yuan and Cryptocurrencies

Tehran, April 2026 – Amid rising geopolitical tensions, Iran has formalized a maritime “toll system” in the Strait of Hormuz, one of the world’s most critical chokepoints. Ships, especially oil tankers, must now pay transit fees in Chinese yuan or cryptocurrencies (mainly stablecoins such as USDT and USDC) to receive a security escort from the Iranian navy. U.S. dollars are explicitly not accepted.

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