Tether, a stablecoin, was identified as the most utilized for illicit activities in the cryptocurrency space in 2023, with approximately 1.6% of its volume associated with criminal transactions. This finding was reported by TRM Labs, highlighting Tether's significant role in illegal crypto flows.
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Tether was the most used stablecoin for criminal activity in crypto last year, according to a TRM Labs report. https://t.co/EzWjeYGTPu
Tether was the most used stablecoin for criminal activity in crypto last year, according to a TRM Labs report. https://t.co/r4yMYI0bRn
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β Tether Is the Most Used Stablecoin in Illicit Crypto Flows, TRM Says β About 1.6% of Tether volume linked to illicit activity in 2023 Tether was the most used stablecoin for criminal activity in crypto last year, a period when the overall volume of illicit transactions inβ¦
Tether was the most used stablecoin for criminal activity in crypto last year, according to a TRM Labs report. https://t.co/mbTL9F4isA