99% of stablecoin activity in 2024 has been deemed legitimate, countering long-standing narratives linking digital assets with illicit financial activity.
Stablecoins currently make up over 60% of all cryptocurrency transaction volume, indicating their increasing adoption across financial sectors.
TRM highlights traceability and issuer-level control mechanisms of stablecoins, like the ability to freeze or burn tokens, as factors contributing to their credibility.
The transparency of stablecoins on public blockchains is emphasized by TRM, particularly in conjunction with advanced blockchain analytics.
Research firm Artimas supports TRM's findings, noting that business-to-business stablecoin transfers have become the largest and fastest-growing segment of the market, overtaking traditional peer-to-peer payments.
This shift signifies increasing corporate trust in the efficiency and compliance capabilities of stablecoin technology.