According to experts, from January to April, stablecoins accounted for 28% of all transactions with cryptocurrencies. Stable coins are used for payments in ecosystems of decentralized finance (Defi), digital commerce and international translations.
“TRM data show that stabilcoins have become a key part of digital assets markets – not only for trade, but also for payments, transfers and savings,” the platform representatives said.
The popularity of stablecoins is growing in Latin America, Africa and Southeast Asia. People and companies choose these coins as an alternative to traditional financial systems, as stablecoins accelerate cross -border transactions, TRM experts explained.
However, despite the predominantly legal use of coins, from January to April, 60% of all illegal operations from January to April. Attackers use these assets to evade international sanctions, money laundering, extortion and fraud in the over -the -term market, analysts said.
Earlier, the general director of the American company Circle Jeremy Allaire, said that the stabilcoin market has not yet reached the stage of mass awareness of people of the advantage of the new technology.
Source: Bits
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