US President Donald Trump says the U.S. and Iran may launch a joint venture to charge tolls in the Strait of Hormuz.

According to ABC News reporter Jonathan Karl, Trump plans on establishing a partnerhip with Iran to make the US more money off the tolls, calling it “a beautiful thing.”

“We’re thinking of doing it as a joint venture. It’s a way of securing it — also securing it from lots of other people,” the President reportedly told Karl in a a phone interview Wednesday morning. On Tuesday night, the former announced that a two-week ceasefire was reached between Iran and the United States.

Earlier today, sources at the Financial Times said Iran will now require ships passing through the Strait of Hormuz to pay their tolls in Bitcoin. It is unclear if the US will take crypto for their side of the joint venture to charge tolls in the Strait. OKing a toll would mark a dramatic shift in US policy toward Iran and maritime security in the region.

Also Read: Iran Requires Ships Passing in Strait of Hormuz to Pay in Bitcoin

The ceasefire remains limited in scope and duration. Any breakdown in negotiations could halt transit or alter the payment framework, leaving companies exposed to sudden shifts in policy. For now, the introduction of bitcoin as a toll mechanism marks a test case for cryptocurrency use in sovereign-controlled trade routes, with implications that extend beyond the region.