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A report published by TRM Labs indicated that Tether's USDT, the largest stablecoin in the cryptocurrency industry, was the preferred stablecoin used for illicit transactions in 2023. TRM Labs alleges that 1.6% of USDT volume was linked to illicit activities last year, with $19.3 billion. of USDT value used in illegal transactional flows. TRM Laboratories (…)
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