---
title: "$40 billion worth of crypto crime enabled by stablecoins since 2022"
url: https://daily.dev/posts/40-billion-worth-of-crypto-crime-enabled-by-stablecoins-since-2022-6kfd2kzed
source_url: https://arstechnica.com/?p=1997330
type: article
source: "Ars Technica"
published: 2024-01-19T15:25:15.520Z
updated: 2024-05-09T08:20:02.615Z
tags: ["crypto", "blockchain", "stablecoin"]
reading_time: 2
upvotes: 1
comments: 0
language: en
---

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

**[Ars Technica](https://daily.dev/sources/arstechnica)** · 2 min read · 1 upvotes · 0 comments

## Summary

Stablecoins have been widely used for illicit transactions, including sanctions evasion, accounting for $40 billion in crypto crime since 2022.

## Full article

daily.dev links to this article rather than hosting it. Read it at the original source: <https://arstechnica.com/?p=1997330>

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---

Tags: [#crypto](https://daily.dev/tags/crypto), [#blockchain](https://daily.dev/tags/blockchain), [#stablecoin](https://daily.dev/tags/stablecoin)

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