TRM Labs: USDT Stablecoin has become the most popular asset of criminals
Experts from TRM Labs reported that Tether's stable coin has become the most popular means of payment for illegal transactions with virtual assets.
Over the past year, 1.6% of the total USDT was related to criminal activity, TRM Labs says. The number of addresses associated with the injection of funds into international crime has increased by 125%. The Tron network accounted for 45% of all illegal crypto transactions with the Tether stablecoin.
Ether took the second position in the list with an indicator of 24%, bitcoin was in third place with 18%.
The monetary volume of Tether stablecoins associated with illegal transactions reached $19.3 billion in a year.
Representatives of Tether claim that TRM Labs "made a wrong interpretation of the data." Moreover, the amount involved in illegal transactions may change, including in the direction of increase.
The issuer of the most popular stablecoin has already faced accusations of overuse of USDT by criminals. In January, representatives of the UN staff announced that Tether coins are increasingly being used for money laundering by criminal groups from Southeast Asian countries.
Source: https://bits.media/trm-labs-steyblkoin-usdt-stal-samym-populyarnym-sredi-terroristov/
