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Event Brief

Iran war drives Gulf migrants to use stablecoins

Asian migrant workers in the Gulf are testing stablecoins to send remittances home amid Iran-war and sanctions fears.
WHO: Asian migrant workers
WHAT: Migrant workers test stablecoins as a backup remittance channel
WHEN: May 13, 2026 at 8:04 AM ET
WHERE: Gulf countries
WHY: The Iran war heightens fears that US sanctions could disrupt remittances.

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