<ul data-eligibleForWebStory="true">Stablecoins facilitate illicit transactions due to price stability, speed, and blockchain acceptance.Regulators worldwide are enforcing rules to increase transparency and monitor stablecoin use.Originating in 2014, stablecoins combine fiat value with blockchain technology for various uses.Illicit activities involving stablecoins include money laundering, sanctions evasion, and ransomware payments.Mitigating misuse requires regulatory oversight, issuer control, international cooperation, and CBDCs support.