Iran's Crown Jewels Serve as Unique Reserve Asset Backing National Currency

Iran utilizes its crown jewels as a reserve asset to back its national currency, the rial, amidst ongoing protests and economic pressures. This unique financial safeguard, housed in Tehran's Treasury of National Jewels, includes historic diamonds, crowns, and precious stones valued unofficially between $20 billion and $50 billion. Unlike other nations' royal collections, Iran's jewels are treated as a tangible asset to support the rial's value, a practice distinct from modern fiat currency systems.