Bitrace Report Flags $649B in Risky Stablecoin Flows
A new report by blockchain compliance firm Bitrace has revealed that $649 billion in stablecoin transactions passed through high-risk addresses in 2024. The figure accounts for slightly more than 5% of all stablecoin activity for that year, which, while a slight decline from 2023’s numbers, remains alarmingly higher than levels seen in 2021 and 2022.