【Deep Dive into the Crypto World · Stablecoins Have Become the Largest Money Laundering Channel Globally】
1/10
Shocking: By 2025, the illegal trading amount of stablecoins has exceeded 25 billion USD!
Last year, the dirty money laundered through USDT/USDC was larger than the entire diamond smuggling market.
This is no longer a 'small matter' in the crypto world, but a nuclear-level loophole that directly threatens the U.S. sanctions system.
2/10
Why are criminals crazy about stablecoins?
- 1 second global transfer
- Transaction fee < 0.1%
- No banks, no SWIFT
- Complete cross-border 'USD' transfer with a click on your phone
100 times better than cash, gold, and artworks.
3/10
Real case (just shut down):
UK NCA arrests multinational money laundering gang,
They acquired a bank in Kyrgyzstan, specifically helping Russian arms dealers convert rubles → USDT → military supplies.
It has been verified that the flow exceeds 1 billion USD, with Tether accounting for over 60%.
4/10
Money laundering trilogy (has become industry standard teaching materials):
① Use dirty money to buy USDT in OTC (no KYC).
② DeFi jump a few times + cross-chain bridge confusion.
③ Exchange for cash in Latin America/Dubai or spend using Tether physical cards.
The entire chain's traces are cut into tens of thousands of segments, and law enforcement directly gets lost.
5/10
How serious are the consequences?
A former U.S. Treasury official directly said:
"We sanction Russia, Iran, and North Korea's dollar weapons, which are being hollowed out by stablecoins."
Russian oligarchs are now paying salaries in USDT and buying drones, more effective than the ruble.
6/10
Tether: the true 'emperor' of the crypto world.
78 billion USD in circulation, accounting for 70% of stablecoins, yet consistently refuses complete audits.
Every time asked about reserves, they throw out a vague screenshot stamped by an accountant.
This time finally hit a hard wall—The U.S. (stablecoin bill) has entered the final voting stage.
7/10
The regulatory iron fist is on the way:
- Mandatory real-time disclosure of 1:1 USD reserves.
- All issuers must report suspicious transactions to FinCEN.
- Non-compliant ones will be directly kicked out of SWIFT and the U.S. banking system.
(If Tether is really messed up, the crypto world will experience a run larger than the 2022 FTX incident.)
8/10
What does it mean for ordinary people?
Short-term: Once USDT decouples from 0.8, leveraged players will immediately face liquidation.
In the long term: compliant stablecoins (USDC, BUSD, PYUSD) will rise comprehensively.
Non-compliant ones either transform or perish.
9/10
Investment advice (hard lessons):
- Immediately exchange USDT in CEX accounts for USDC or FDUSD.
- Large on-chain funds should be moved in batches across cross-chain bridges, do not stake all USDT at once.
- Pay attention to the December (stablecoin bill) voting results—this could be one of the biggest black swan events of this bull market.
10/10
The original sin of crypto has never been technology, but human nature.
Stablecoins combine the convenience of the dollar and the anonymity of blockchain too perfectly.
Perfect to the point that even the state machinery begins to fear.
This is not a question of whether the crypto world should comply.
But compliance is a step slower, and the entire industry could be uprooted.
Wake up, brothers.
Before 2026, stablecoins will face a major life-and-death reshuffle.
Either embrace regulation or be embraced by regulation—until suffocation.
Don't get lost in the transfer; this is the hardest bomb-level risk in the crypto world for the next 12 months.
