Stablecoin volume reached $35 trillion in 2025 as illicit share stays below 0.5%
CoinDesk
by Olivier AcunaFebruary 19, 2026
A TRM Labs report finds stablecoins surpassed $1 trillion in monthly transfers in 2025, with sanctions-linked networks driving most of the $141B in crypto-related illicit flows.
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Originally published on CoinDesk on 2/19/2026