Tether reaches 194,345 tomans on the week's first trading morning, above the latest free market dollar rate
1 August 2026 · 2 months ago
The price of tether in Iran's domestic market rose on the morning of Saturday 1 August 2026 (10 Mordad 1405). According to Sahmino's price board, the stablecoin stood at 194,345 tomans at 09:29, up 0.39 percent from the previous reading. The newspaper Donya-e-Eqtesad, in a report the same morning, also recorded tether climbing to around 194,000 tomans in overnight trading.
That is above the latest recorded free market dollar rate; the dollar closed at 192,400 tomans on Thursday 30 July. Tether had been trading around 193,200 tomans on Thursday 30 July, meaning it has risen roughly half a percent across the weekend break.
Iran's cash currency and gold markets are closed on Thursdays and Fridays, so over that gap tether effectively serves as the only live gauge of the exchange rate, and its trading above physical dollar notes is generally read as a sign of precautionary demand in the domestic market. Donya-e-Eqtesad set the increase alongside fresh threats directed at Iran and a Wall Street Journal report on the possibility of military operations beginning. Tether's global price held near one dollar as usual, so the move in its toman rate reflects the domestic currency market rather than any swing in the token itself.
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