No.
Iran’s currency (the Rial) did not become zero.
What happened is this:
The Rial lost a lot of value very fast
On trading apps and charts, it looked like a crash
Some crypto tokens with names like IRR / IRYSIRYSIRYS / IR moved sharply
This caused confusion and panic posts online
So it was a big fall, not total zero.
Why did the Iranian Rial fall so badly?
1. Very weak economy
Iran has high inflation
Prices of food and daily items keep rising
People don’t trust the local currency anymore
2. Heavy sanctions
Many countries have economic sanctions on Iran
Iran cannot trade freely with the world
Less dollars come into the country
Less dollars = weaker local money
3. Political tension and fear
Wars, threats, and political problems
Investors get scared
When people are scared, they sell the currency
4. People escaping to safer things
People try to save money in:
Gold
US Dollar
Crypto (like Bitcoin)
When everyone sells Rial → price drops fast
Why did crypto tokens move suddenly?
Some crypto tokens use Iran-related names:
$IRUSDT
These are NOT the real Iranian currency.
But traders:
Saw news
Got emotional
Started buying and selling fast
This caused sharp pumps and dumps.
Impact on the Crypto Market 🌍
Short-term effects
More volatility
Fast price moves
Good for traders, risky for beginners
Long-term effects
More people learn:
Fiat money can fail
Crypto has no government control
Crypto looks like a backup plan for people in crisis countries
Impact on the World Economy
Small direct impact
Iran is not a big part of the global banking system
So the world economy stays mostly safe
Big lesson for everyone
If a country prints too much money
If trust is lost
👉 Currency becomes weak
This can happen anywhere.
Simple example (for easy understanding)
Imagine:
You have 100 candies
Tomorrow, everyone prints candies at home
Candies become common
No one wants them
Same thing happens with money.
Final Thoughts ❤️
Iran’s currency did not become zero
It crashed because of fear, inflation, and sanctions
Crypto reacted due to emotion and speculation
This shows why people look for Bitcoin and digital assets.
Lesson:
Trust is more important than paper money