Record flow of illicit crypto addresses driven by global sanctions in 2025

Global sanctions prompted a significant increase in crypto flows to illicit addresses. Data from Chainalysis indicates that the total value surged by 154 billion USD in 2025, driven primarily by entities trying to evade sanctions.

Stablecoins have become the prevalent means for illicit transactions, constituting 84% of the volume. This aligns with a rise in legitimate stablecoin usage, highlighting the growing role of these assets in the market.

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