Criminals have shifted their preference from Bitcoin to stablecoins for illicit transactions, with Bitcoin's share dropping from about 70% in 2020 to 7% in 2025. Stablecoins, pegged to the US dollar, now account for roughly 84% of illicit crypto transaction volume, driven by scams, fraud, and sanctioned entities seeking stable pricing. This shift challenges the narrative of Bitcoin as the main criminal currency and puts stablecoin issuers under regulatory scrutiny, especially as stablecoin legislation advances. Compliance and cooperation with law enforcement will become key competitive factors for stablecoin providers.
Attackers exploited the Ethereum Alephium TokenBridge by compromising three of four guardian keys, enabling them to forge Verified Action Approvals (VAAs) and drain $815,000 in just seven minutes. They minted 13.76 million wrapped ALPH tokens without...
Bitcoin traded narrowly around $73,840 on May 31, 2026, amid bearish technical signals and mixed institutional moves. Stablecoin dominance increased, with Tether burning $1.2 billion in 24 hours, echoing patterns before Bitcoin's previous sharp drop....
In May 2026, Tether announced a broad strategic expansion into artificial intelligence, payment infrastructure, and regulatory compliance, moving beyond its traditional focus on USDT stablecoin issuance. These initiatives aim to diversify Tether's bu...
Litecoin, once promoted as a fast, cheap digital payment option, is losing ground to stablecoins like USDC and USDT that offer similar speed and low fees but without price volatility. Merchants and users prefer stablecoins because they maintain a con...
Tether's USAT stablecoin saw a dramatic 540% increase in circulation during April, growing from $22 million to $140.8 million. This rapid growth is driven by institutional adoption for treasury management and compliant dollar liquidity solutions, sup...
