99% of stablecoin transactions in 2024 were legal
According to the analytical company TRM Labs, 99% of all stablecoin transactions in 2024 were for legal operations. At the same time, stablecoins themselves accounted for more than 60% of the total volume of cryptocurrency transactions, which, according to analysts, indicates an exaggeration of ideas about the scale of their criminal use.
TRM and other researchers note an increase in the share of B2B transfers (between companies), they have already exceeded the volume of p2p payments and continue to grow. Analysts emphasize that the transparency of blockchains and the ability to "freeze" assets make stablecoins a convenient tool for complying with compliance requirements.
The report was published against the backdrop of discussion in the US Senate of the GENIUS Act, one of the largest stablecoin regulation projects. TRM calls the adoption of the law a turning point in the regulation of digital assets.