Crypto analysis firm TRM Labs: 99% of stablecoin activities last year were legal
5 hours ago
Odaily News The latest report released by cryptocurrency analysis firm TRM Labs on Tuesday shows that 99% of stablecoin trading activities in 2024 are "legal." This is particularly noteworthy considering that TRM also claims that stablecoins currently account for more than 60% of all cryptocurrency trading volume, which suggests that the connection between cryptocurrency and criminals is at least slightly exaggerated. It is reported that the GENIUS Act, one of the most comprehensive stablecoin legislation in the United States to date, will be submitted to the Senate for deliberation on Tuesday and is expected to be passed. (The Block)
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