Iran's Nobitex Sees 700% Surge in Crypto Outflows to $3M After US and Israeli Strikes
On March 9, 2026, cryptoasset outflows from Iran's largest exchange Nobitex jumped 700% to nearly $3 million within 48 hours of coordinated US and Israeli military strikes, while overall trading activity slumped. Users who could stay online shifted funds, mainly via Tether's USDT, to foreign exchanges and private wallets as Iran's central bank halted USDT-to-toman pairs and transaction volumes across local platforms fell sharply.