Illicit stablecoin activity hit 5-year high of $141B in 2025: TRM Labs

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Illicit stablecoin activity reached a 5-year high of $141B in 2025, driven by sanctions evasion networks, guarantee marketplaces, and large-scale money laundering schemes, according to TRM Labs.

Market Impact

Market impact analysis based on bearish sentiment with 90% confidence.

Sentiment
Bearish
AI Confidence
90%
Time Horizon
Short Term

Article Context

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Sanctions evasion networks, guarantee marketplaces, and large-scale money laundering schemes dominated illicit stablecoin use, says TRM Labs.

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Full article on CoinTelegraph
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Original article published by CoinTelegraph on February 20, 2026.
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