44分前
Iran rolls out Hormuz Safe BTC-settled shipping insurance as Bitcoin trades near $77,000
Iran has introduced Hormuz Safe, a state-backed maritime insurance service that lets eligible shippers pay premiums in Bitcoin, with coverage triggered after on-chain confirmation. The rollout was described as occurring around May 16–18, as BTC held near $77,000 after sliding from $83,000 to as low as $76,000. The cited report says the program could target over $10 billion in annual revenue if it captures traffic through the Strait of Hormuz, a route said to handle about 20% of global seaborne crude.