Trump denies rumors of $300 billion for Iran: how it relates to the crypto market
Fierce debates have erupted in the crypto community over a potential deal between the US and Iran. Investors are actively discussing how geopolitical changes will affect the digital asset market, with rumors of a $300 billion recovery fund taking center stage. President Donald Trump was quick to refute these speculations, calling them an absolute fake.
The catalyst for the discussions was a preliminary memorandum of understanding that the US and Iran plan to sign on June 19. Although no direct payments from Washington are stipulated, traders have already begun calculating scenarios. Many assume that financial flows under the agreement could go through Bitcoin or stablecoins, fueling speculative interest.
What the $300 billion fund actually entails
Vice President JD Vance moved quickly to reassure the public on CBS. According to him, Tehran will only see this money after fulfilling all obligations, with the fund being financed by Gulf monarchies, not American taxpayers. Trump himself was even more categorical on his social network Truth Social, calling the payout rumors a fake spread by Democrats.
The published draft of the agreement contains no mention of direct transfers from the US. The essence of the deal is that investments from Gulf states will be strictly tied to Iran's behavior. Tehran will have to limit nuclear development, allow international inspectors, and open the Strait of Hormuz. Thus, the $300 billion is not a payout, but a potential fund that Iran will only gain access to after meeting stringent conditions.
Why cryptocurrencies are at the center of discussion
Although the published materials make no direct mention of digital assets, Iran's history with crypto has given speculators a reason to talk. Authorities in Tehran have used cryptocurrencies for years to bypass sanctions. On June 2, the US Treasury imposed sanctions on four Iranian platforms, including Nobitex, the country's largest exchange. The department stated that in 2025, more than half of all Iranian crypto transactions passed through Nobitex alone, most of which are linked to the Islamic Revolutionary Guard Corps.
Tehran has also proposed charging fees in Bitcoin from ships passing through the Strait of Hormuz. Against this backdrop, Bitcoin hit two-week highs, liquidating approximately $246 million in short positions. The signing on June 19 is expected to clarify the real terms, but for now, the contradictions between Trump's statements and Tehran's position will continue to fuel interest in cryptocurrencies.
My expert opinion: The market is already pricing a geopolitical premium into Bitcoin, but the signing of the memorandum could become a classic "buy the rumor, sell the news" event. Investors should be cautious: any escalation or delay in the deal will trigger a sharp correction, especially given the high sensitivity of cryptocurrencies to macroeconomic news.