Intergovernmental Report Identifies Stablecoins as Leading Illegal Crypto Activity

Stablecoins are increasingly recognized as foundational technology in the evolving digital financial system, enabling fast, transparent, and programmable value transfers across borders and platforms. Anchorage Digital's CEO emphasized that stablecoins are critical infrastructure powering tokenized assets, decentralized finance, and next-generation financial products, bridging crypto and fiat currencies. This growth is supported by regulatory developments like the GENIUS Act and expanding adoption by financial institutions such as JPMorgan Chase and Circle, which recently filed for an IPO. Companies like GFT and Stably are assisting US banks and enterprises in launching compliant stablecoin products by integrating decentralized finance technology with existing banking systems to ensure regulatory compliance and scalability. The global stablecoin market has surged, with transaction volumes growing substantially and projections estimating the market could reach $3.7 trillion by the decade's end, driven by benefits like reduced payment friction, cost savings, and expanded market access. Industry leaders highlight that stablecoins will enable new financial products and revenue streams, accelerating mainstream adoption and innovation across traditional and decentralized finance sectors.