TNT DINAR UPDATE 10/21/26

THE_TNT_TEAM avatar
TNTRAYREN98
@THE_TNT_TEAMOct 23, 2026

The Spaces features Tony and Ray (RayRen98) updating the TNT community on the Iraqi dinar RV and related currencies, plus audience Q&A. Tony opens with a candid moderation rant, then details multiple, concrete Iraq-side signals (border closures with shoot-first orders except perishables, public notice that all pre-change international transactions were cleared, banks working overtime Oct 21–Nov 20, and halting of online FX/coin transactions) indicating readiness. U.S. bank memos and agency notes conflict on timing: some branches were told to be at work 7 a.m., broader memos flagged Friday/Saturday, top brass heard Oct 29, a contractor heard mid-next week; during the call Tony relays that the Fed sees a back wall next Wednesday and leans to Thu night/Fri morning, while an IMF contact expects 800 numbers after 10 p.m. tonight. Tony asserts selective exchanges are occurring in several U.S. states, citing indicative rates (IQD circa $6.96–$7; VND $2.93–$3.03; ZIM 0.00000020; VES $0.29–$0.39) with varying NDAs and some 3-year/20% structures, and frames early activity as bank liquidity management. He reiterates the process (large holders and bank clients first, then the internet group via 800 numbers, then Forex) and answers Q&A on Canada/UK paths, NDAs, and crypto (which he rejects). The call closes urging preparation and prudence over public proof-sharing.

TNT Twitter Spaces Call Summary (late October)

Participants and Roles

  • Tony (host): Primary speaker leading the call, provides most intel, timelines, and guidance. Frequently references his contacts in agencies, banks, traders, and Iraq. Admits frustration with shifting timelines but emphasizes planning and discipline.
  • Ray (co-host, RayRen98/Raven 98): Opens the call with greetings; contributes clarifications and rate readings; manages queue/order of speakers.
  • Tish (community moderator; Twitter handle “Time is Now” / site: My FX Buddies): Curates and posts supporting documents on the forum; coordinates messaging.
  • Baby’s Mom (forum admin/moderator): Assists members with forum access issues.
  • Community callers: Multiple named and unnamed callers (e.g., Dream, Trudy, Freddy, Elizabeth, Dog Lover, Cataract, Arthur, Kevin, Chris, John from Canada, Million, Pam D., American Freedom) posed questions or shared observations. “Rimfire” recognized on his 64th birthday.

Executive Overview

  • Tony maintains that the revaluation/reinstatement (RV) process is effectively underway at various levels, with selective exchanges occurring in the U.S. and abroad, while broad public access remains gated.
  • Contradictory but converging signals suggest a near-term window: internal bank memos, federal and IMF indications, and Iraq’s operational posture all point to activity in the coming days. Multiple “back wall” markers and readiness signals exist, but final public go-live timing remains unresolved.
  • Iraq has taken publicly visible, operationally significant steps (per Tony’s and members’ open-source checks): clearing legacy international transactions, restricting currency/forex flows, and directing banks to work extended hours during a 30-day transition window.
  • U.S. banks are reportedly staging liquidity and operational readiness, prioritizing large/existing clients and “elite” holders, with claims of ongoing private exchanges in several states. Some transactions include NDAs and structured deposit terms.
  • Tony stresses member conduct (no confrontations with banks, no proof demands that violate NDAs), preparation, and financial discipline to avoid the “lottery winner” outcome.

Key Operational Developments (Iraq)

  • Border and trade posture:
    • Tony reports Iraq closed borders with a “shoot first, ask questions later” stance, allowing transit only for perishables to maintain food supply.
  • Legacy international transactions:
    • Iraq publicly announced it had fully processed pending international transactions at the old rate to “start clean” with the new rate regime.
  • Banking work directive (Iraq):
    • Public announcement: From October 21 through November 20, all Iraqi banks will work overtime daily, including holidays, to manage the transition.
  • Internet/FX restrictions:
    • Memos reportedly sent to ISPs and service providers to halt international currency transactions and stop online currency purchases/exchanges effective immediately (the day of the call). Members were told these notices can be found online.
  • Government context:
    • Iraq’s new cabinet seating reportedly proceeded with U.S. approval despite participation by Iran-aligned figures (including some allegedly on sanctions/terror lists). Persistent PMF (Popular Mobilization Forces) compliance issues (weapons laydown pace, internal security) are cited as factors still being “worked out.”

U.S. Banking Readiness and Timelines

  • Staffing memos and internal contradictions:
    • Banks told front-line staff to be on-site at 7:00 a.m. (new memo on the day of the call), with broader staff memos indicating a Friday/Saturday start.
    • Separate communications to senior leaders indicated a potential start around October 29.
  • Federal and IMF signals (as relayed by Tony):
    • “Feds”: Next Wednesday identified as a “back wall,” yet they are looking at Thursday night or Friday morning for action.
    • IMF: Indication that “after 10 p.m.” the 800 numbers could be released (same-night note during this call; Tony remains cautious that even if triggered late, public visibility might not occur until the following day).
  • Contractors in Iraq:
    • Some contractors reportedly partially paid (one of several contracts funded), with guidance that remaining portions might be settled by mid-next week.

Reported Selective Exchanges and Rates (Anecdotal)

  • U.S. anecdotal exchanges (Tony’s claims and member reports):
    • States mentioned with reported payouts: Texas, New York, Virginia, North Carolina, Florida, Michigan.
    • Private banking locations (not necessarily retail branches) reportedly used for certain exchanges.
  • Indicative rates reported by callers and Tony (banks vary; subject to adjustment; not official public rates):
    • Iraqi Dinar (IQD): $6.96–$7.00 observed at two different banks (some individuals reported being quoted “$3.xx” as a low offer). Tony labeled these “low” relative to aspirational contract expectations.
    • Vietnamese Dong (VND): $2.93–$3.03.
    • Zimbabwe ZIM: “point six, zeros, 20” (interpreted as 0.00000020).
    • Venezuelan Bolivar (VES): $0.29 (recent) to $0.39 (older exchange ~1–2 months ago).
  • NDA and contract terms:
    • Some banks require NDAs; others reportedly do not.
    • NDA scopes vary—e.g., restrictions on buying more of the exchanged currency for 90 days to six months based on volume.
    • Some contracts structured as 3-year terms paying ~20% per year (Tony emphasized these were accepted without negotiation by some members).
  • Process notes:
    • At one bank, no NDA reportedly allowed immediate exchange and subsequent purchases elsewhere.
    • Tony stressed that demanding “proof” (receipts/contracts) from exchangers is unrealistic due to NDAs and personal risk.

Liquidity Strategy and Rationale (Tony’s View)

  • Bank liquidity challenges: Multiple banks reportedly face liquidity constraints.
  • Strategy described: Rather than broad, immediate public exchanges or another bailout model (akin to 2008), banks are selectively exchanging high-volume holders, keeping deposits in-house to bolster liquidity and earn daily interest. Tony claims this is a managed approach to stabilize balance sheets while staging broader releases.
  • Federal support: Tony relayed that approximately $7 trillion was moved by federal authorities to the banking system for this event; banks’ staged intake purportedly reduces drawdown of those funds.

Governance/Political Factors and Delays (Tony’s View)

  • U.S. administration timing preferences: Tony asserts that the administration prefers activation after or near an upcoming vote (referenced “after November 3”) to avoid the funds being used to influence voting.
  • Iraq internal security compliance (PMF) and regional actions (Iran/Saudi dynamics) cited as complicating factors.

Contradictory Timelines Summarized

  • Recent expectations that did not materialize:
    • Weekend/Monday window missed; Wednesday was expected but slipped.
  • Current working windows from various sources (all second-hand via Tony):
    • IMF: potential after 10 p.m. same night (members cautioned public might not see it until the next day).
    • Banks: Friday/Saturday start (mass memos), with leadership-level guidance leaning to October 29.
    • Feds: back wall next Wednesday; privately eyeing Thursday night/Friday morning.
    • Iraq contractor: middle of next week for their next tranche.
  • Tony’s best-effort synthesis: A near-term window centering on Friday/Saturday, with a hard back wall indicated as October 29, while acknowledging conflicting inputs.

Access Logistics: 800 Numbers, Forex, Exchange Centers

  • 800 numbers: Tony expects to receive them from Wells Fargo when authorized; he will distribute immediately to TNT members. Until then, he will not host “it didn’t happen” calls between windows.
  • Forex listing:
    • UK and Canada: Tony states that once rates post on Forex, UK and Canadian holders can exchange at designated banks (no 800 numbers/contract rates for Canada). He mentioned “three” banks in Canada will handle exchanges after Forex go-live.
  • Exchange centers:
    • Still planned. Some banks’ “private banking” sites are functioning as secure exchange locations (office towers; security checkpoints; glass partitioned zones). Certain retail branches may direct clients to those private sites.

Community Messaging and Moderation

  • Tony warns against disruptive behavior and unrealistic demands (proof-posting, bank “lawyering”), citing risk of shutdown for all.
  • He advises those seeking upbeat guarantees or fringe narratives (e.g., “mortgages/credit card balances wiped; universal perfect credit”) to consider other sources.
  • He is actively removing disruptive users (“fidiots,” his term) and urges members not to engage trolls.
  • “Tony Derangement Syndrome” coined to describe compulsive doom-scrolling and repeated exposure to outcomes within minutes—advises mental self-care and focusing on controllables.

Guidance and Preparatory Advice

  • Practical readiness:
    • Have a plan for different timing scenarios (tonight vs. weekend vs. next week).
    • Keep documentation ready; be prepared to follow bank process without arguing banking law/policy in-branch.
    • If under NDA, adhere strictly; do not post receipts or sensitive details online.
  • Financial discipline:
    • Tony reiterates that many will face “lottery winner” risks; taxes on interest and mismanagement can erode capital quickly.
    • Consider keeping funds parked to accrue interest initially; avoid impulsive big-ticket spending; plan phased disbursements and investments.
    • Understand NDAs/contract terms (e.g., currency repurchase restrictions; multi-year deposit agreements).
  • Portfolio notes:
    • Tony says Iraq’s in-country 1:1 step (“low zone”) has not occurred, but international cardholders have used new rates for >1 month.
    • Some selective U.S. exchanges will continue while banks “get their people out of the way” before broader public access.

Q&A Highlights and Notable Member Interactions

  • Dream: Clarified window wider vs. narrow; Tony summarized multi-source windows (Thurs/Fri; Oct 29; mid-next week; IMF “after 10 p.m.”) and the governmental backdrop.
  • Freddy (Houston): Alludes to a “line-advancing” method via pre-existing accounts; Tony requested verification before sharing publicly.
  • Elizabeth/Tish contact: Tish’s Twitter handle “Time is Now” (display name hat shows “My FX Buddies”); members can DM her for forum matters.
  • Cataract: Asked about rumored caps preventing billionaires; Tony called it nonsense—banks want deposits; any cap could be circumvented via entities/trusts.
  • Dog Lover: “What are we waiting on?” Tony reiterated delays tied to U.S. political timing, Iran/IPMF issues, and said 800 numbers will be posted upon receipt from Wells.
  • UK caller: UK can exchange after Forex listing; rates may differ from U.S.; proceed via bank when live.
  • Kira: Email list lapse—Tony directed forum contact (“Baby’s Mom”) to fix subscription.
  • Pam D.: Asked about Venezuelan Bolivar parity between Soberano/Digital—Tony said current talk suggests the same payout basis; emphasized even current FX arithmetic shows meaningful results.
  • Kevin: Asked about ISO 20022/crypto as bank liquidity tech; Tony does not endorse crypto (security/manipulation concerns) and notes banks can already do instant transfers in fiat; no intel linking crypto to this RV process.
  • Chris: Could Forex go live while still using 800 numbers for contract rates? Tony: Yes. He expects Forex by Oct 29.
  • John (Canada): Canada will exchange at banks post-Forex; no 800 numbers/contract rates expected; three banks will handle it.
  • Million: Asked if exchange centers still planned—yes, often via private banking locations.
  • Several callers: Emphasized discipline, not over-spending; memorialized the need to enjoy life prudently, have estate plans, and balance saving with living.

Key Risks and Unknowns

  • Conflicting directives and memos (front-line vs. senior leadership) can shift schedules intra-day.
  • Geopolitical and domestic political considerations continue to move windows (Iraq PMF compliance; Iran dynamics; U.S. electoral timing sensitivity).
  • Reported rates and selective exchanges are anecdotal; bank offers vary; NDAs restrict public proof; members must manage expectations accordingly.

Upcoming Milestones to Watch

  • Near-term windows:
    • IMF signal: after 10 p.m. (the night of the call) for potential 800-number release (visibility may lag until next day).
    • Banks: Friday/Saturday activation (mass staff memo), with leadership referencing October 29 as a back wall.
    • Feds: Next Wednesday as back wall; internal expectations Thursday night/Friday morning.
    • Iraq contractors: Remaining tranches by mid-next week.
  • Iraq’s 30-day bank overtime posture: October 21 through November 20—expect ongoing operational adjustments.

Bottom Line

  • Tony’s synthesis: The system is “done” in many respects (selective payouts, international card usage, bank staging), with the remaining unknown being the public release day for broader access. His best present estimate focuses on Friday/Saturday, with a stated back wall on or about October 29.
  • Action for members: Control what you can—stay ready, be disciplined, avoid confrontations, protect confidentiality, and prepare to execute a measured plan when notified. Tony will distribute 800 numbers as soon as he receives them from Wells Fargo.