A Bitrace report reveals that $649 billion in stablecoins, representing 5.14% of all stablecoin transactions, flowed through high-risk addresses associated with illicit activities in 2024. The report highlights trends in stablecoin usage for illicit purposes, focusing on the dominance of Tron-based USDT and the rise of crypto gambling.
Category: Blockchain
Maximize Stablecoin Yields: A Deep Dive into Trust Wallet’s Innovative Approach
Unlock the potential of your idle stablecoins with Trust Wallet’s new feature, designed to seamlessly generate yield within a secure, user-friendly environment. Learn how Eowyn Chen, CEO of Trust Wallet, is revolutionizing DeFi accessibility.
AI-Powered Smart Contracts: How Language Models are Revolutionizing Blockchain
Explore how AI agents are transforming smart contracts by using natural language prompts, making them more accessible, interactive, and capable of complex decision-making.
Gold-Backed Cryptocurrencies Surge Amid Global Economic Uncertainty: A Deep Dive
Explore the recent surge in gold-backed cryptocurrencies like Tether Gold (XAUT) and Paxos Gold (PAXG) amid global economic uncertainty and the growing trend of real-world asset tokenization. Understand the factors driving their popularity and the advantages they offer over traditional gold investments.
Beyond the Dollar: Tokenized Assets Challenge US Dollar Stablecoin Dominance
Tether co-founder Reeve Collins predicts tokenized assets like gold and money market funds will compete with the US dollar in backing stablecoins, offering users higher yields and reshaping the future of the stablecoin market.