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Stablecoins Now Dominate Illicit On-Chain Activity—FATF Sounds the Alarm
Stablecoins Now Dominate Illicit On-Chain Activity—FATF Sounds the Alarm
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Stablecoins have become the dark horse of crypto crime, according to a bombshell FATF report. The very assets designed for stability are now fueling the shadow economy.
Regulators are scrambling as dollar-pegged tokens outpace Bitcoin in illicit flows. No more "just for trading"—these digital dollars are the new preferred vehicle for money launderers and sanctions-busters.
Meanwhile, traditional banks quietly process 100x more dirty fiat. But hey, at least crypto's transparent—right until it gets mixed through Tornado Cash.
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