According to CryptoComLearn citing the Bangkok Post, the Trump administration's favorable stance toward cryptocurrencies and regulatory easing could significantly weaken the effectiveness of U.S. financial sanctions and the global dominance of the dollar. Data indicates that illegal cryptocurrency transactions are expected to surge by more than 160% by 2025.
Sanctioned nations such as Russia and Iran are actively leveraging crypto infrastructure to evade financial blockades. Russia has legalized cross-border settlements in cryptocurrencies, while Iran has begun charging ships passing through the Strait of Hormuz a “transit fee” payable in Bitcoin (BTC) or USDT. These transactions are often settled within seconds via the TRON network, with estimated daily revenues reaching $36 million.
Illegal Crypto Transactions Surge, Sanction Effectiveness Questioned
Analysts point out that the U.S. lenient regulatory environment is facilitating illicit fund flows. Russia and Iran are using decentralized financial tools to bypass traditional banking systems, significantly undermining the impact of sanctions. Meanwhile, the low cost and high speed of high-performance blockchains like TRON further lower the barrier for cross-border illegal transactions.
Trump Policies Trigger Chain Reactions
The Trump administration's previous executive order promoting digital asset development has been criticized for excessively relaxing Anti-Money Laundering (AML) and Know Your Customer (KYC) requirements. Although officials emphasize a balance between innovation and compliance, real-world data shows that the use of cryptocurrencies in illegal economies is accelerating. Bitcoin price dipped slightly by -0.21% on the day, while TRX rose by +1.79% and USDT remained stable (+0.03%).
Experts warn that if the regulatory gap continues to widen, the U.S. dollar's position as the global reserve currency could face medium-to-long-term challenges. More countries may follow Russia and Iran in exploring crypto payment solutions to circumvent financial sanctions.