Cryptocurrency
TRM Labs Report: Tether’s USDT Was the Go-to Stablecoin for Illicit Activities in 2023 helobaba.com
![TRM Labs Report: Tether’s USDT Was the Go-to Stablecoin for Illicit Activities in 2023 helobaba.com 1 edf39ec3 efb7 4e97 a37b 195a7831f10f](/wp-content/uploads/2024/03/edf39ec3-efb7-4e97-a37b-195a7831f10f.jpg.webp)
A report issued by TRM Labs indicated that Tether’s USDT, the largest stablecoin in the cryptocurrency industry, was the preferred stablecoin used for illicit transactions during 2023. TRM Labs alleges that 1.6% of USDT’s volume was linked to illicit activity last year, with $19.3 billion worth of USDT used in illegal transactional flows. TRM Labs […]