The FATF has highlighted the rising crimes linked to stablecoins, asserting it does not threaten the crypto sector. Companies like Chainalysis stress that regulation fosters credibility and growth of stablecoins.
Chainalysis indicates that stablecoins are used in 63% of illicit transactions. The FATF aims for improved regulations and monitoring without banning stablecoins, supporting compliance to mitigate associated risks.
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