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Gray-market peptide suppliers increasingly use Bitcoin and stablecoins for payments, says Chainalysis.

Market News
04 Jun 2026
Coincu
View Source
Neutral
pluang ai news

Blockchain analytics firm Chainalysis reports that suppliers of gray-market peptide drugs are shifting to Bitcoin and stablecoins as their preferred payment methods. This shift is driven by difficulties these vendors face with traditional banking and payment processors, which often reject accounts linked to unregulated pharmaceutical sales. Bitcoin offers a decentralized payment option without banking intermediaries, while stablecoins provide price stability by pegging to the US dollar. Although crypto payments create a permanent, traceable record on public blockchains, this trend poses new challenges for compliance teams and law enforcement tracking semi-legal transactions. The report highlights ongoing regulatory and reputational issues for the crypto industry as certain gray-market sectors increasingly adopt digital assets.

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