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$40 billion worth of crypto crime enabled by stablecoins since 2022

  • Ars Technica faviconArs Technica

    By WIREDJan 19, 2024, 9:48 am272 pts
    photo of $40 billion worth of crypto crime enabled by stablecoins since 2022 imageEnlarge (credit: Anjali Nair; Getty Images) Stablecoins, cryptocurrencies pegged to a stable value like the US dollar, were created with the promise of bringing the frictionless, border-crossing fluidity of Bitcoin to a form of digital money with far less volatility. That combination has proved to be wildly…
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