FATF Alerts: Stablecoins Rising as Main Tool for Illicit Crypto Activities

The FATF highlights that stablecoins now account for the majority of illicit crypto flows, including sanctions evasion, signaling a shift in how illegal activities are financed. This trend emphasizes the need for regulators to tighten oversight on stablecoins like Tether and USDC. Key developments to watch include potential new regulations aimed at increasing transparency and preventing misuse of stablecoins.