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TRM Labs Report: Tether’s USDT Was the Go-to Stablecoin for Illicit Activities in 2023 – News Bitcoin News

March 30, 2024
in Cryptocurrency
Reading Time: 1 min read
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TRM Labs Report: Tether Was the to-Go Stablecoin for Illicit Activities in 2023A report issued by TRM Labs indicated that Tether’s USDT, the most important stablecoin within the cryptocurrency trade, was the popular stablecoin used for illicit transactions throughout 2023. TRM Labs alleges that 1.6% of USDT’s quantity was linked to illicit exercise final yr, with $19.3 billion value of USDT utilized in unlawful transactional flows. TRM Labs […]

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Tags: ActivitiesBitcoinCryptoCryptocurrencyGoToillicitillicit activityLabsnewsreportStablecointerrorism financingTether (USDT)TethersTRMTRM labsUSDT
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