The report is focused on comparing the two most popular stablecoins by market share - USDT issued by Tether and USDC issued by Circle - in terms of the magnitude of illicit activity associated with both stablecoins.
USDT, known for its wide usage across various blockchain platforms, particularly the Tron network, has been scrutinized for its higher involvement in transactions linked to illicit activities.
Conversely, USDC, with its strong commitment to regulatory compliance and security measures, showcases a notably lower risk profile. This focused examination highlights the critical need for robust regulatory frameworks and diligent oversight in the rapidly evolving stablecoin sector.
For those interested in a detailed exploration of our findings and the implications for investors, regulators, and the cryptocurrency community, we would like to invite you to read the full report at the provided link.