Ayandeh Bank Collapse Affects 42M, Highlighting Bitcoin’s Role

Iran’s Ayandeh Bank has gone bankrupt after losing more than $8 billion. According to Cointelegraph, about 42 million customers are affected. The Central Bank of Iran has moved the bank’s operations to the state-owned Bank Melli. The Ayandeh Bank collapse has sparked debates about the stability of traditional banks and the role of alternatives like Bitcoin.

🇮🇷 NEW: Iran's Ayandeh Bank goes bankrupt after accumulating $8B in losses and debt, impacting 42M customers now absorbed by state-owned Bank Melli.

Is this type of collapse exactly what Bitcoin was designed to solve? pic.twitter.com/EvY31ckxMd

— Cointelegraph (@Cointelegraph) October 27, 2025

How Ayandeh Bank Reached This Point

Ayandeh Bank opened in 2012 and soon grew across Iran. It had over 270 branches. However, the bank made risky loans and invested a lot in big projects. Many of these projects failed. For example, the bank put huge funds into the Iran Mall.

Reports show that over 90% of Ayandeh Bank’s money went to related parties or projects that were not repaid. These decisions caused huge losses of about $5.2 billion. The bank also accumulated $2.9 billion in debt. Because of this, the bank could no longer operate safely.

Government Steps In

To protect customers, the Central Bank acted quickly. It transferred Ayandeh Bank’s assets to Bank Melli. Authorities promised that deposits would remain safe and accessible.

Despite these promises, many people were worried. Long lines formed outside the former Ayandeh Bank branches. People wanted to confirm their accounts and make sure that they could access their money.

Why Bitcoin Gets Attention

The Ayandeh collapse highlights risks in traditional banks. Mismanagement, lack of transparency and poor oversight can threaten customers’ money.

Bitcoin was made to address these problems. It uses blockchain technology to provide transparency and security. Unlike traditional banks, Bitcoin does not depend on a central authority. Users control their own funds. Many see cryptocurrencies as a way to avoid risks from bank failures.

The Bigger Picture for Iran

Ayandeh Bank’s bankruptcy shows that Iran’s financial system faces challenges. Sanctions and economic pressure make it harder for banks to operate safely. Experts suggest this event may push the country to explore new systems. Digital currencies and blockchain technology could offer safer ways to manage money in the future.

Lessons for Customers and Banks

This incident is a warning for both banks and customers. Banks need stronger oversight, better risk management, and more transparency. While customers should consider spreading out their money storage. Alternatives such as digital wallets or cryptocurrencies could provide backup in case a bank fails.

The Future of Banking and Bitcoin

The fall of Ayandeh Bank is a wake-up call. Millions of people were affected by poor banking practices. While the government acted to protect deposits, the event shows that traditional banks have risks. Bitcoin and other decentralized systems offer a different approach, giving users more control over their money.

If Iran and other countries explore these alternatives, they could create a more secure and transparent financial system for the future.