Iran has just introduced a new 10M rial banknote (≈ $7) - the highest denomination in its history, coming only a month after the release of the 5 million rial note.

This move comes as the country grapples with surging inflation, officially reported at around 47.5% annually. Food and beverage prices have been hit even harder, with inflation exceeding 105%.

Earlier, in an effort to simplify transactions and reduce printing costs, Iran passed a plan to remove four zeros from the rial over a five-year period starting in November 2025.

Interestingly, on the new 10 million rial note, the last four zeros are faded, while the “1,000” figure is emphasized, a subtle preview of the redenomination already in motion.

#iran #BaleiasdasCriptos #CZCallsBitcoinAHardAsset
$TAO $SIREN $RIVER