The FATF warns of the criminal risks of stablecoins, and executives in the encryption field say: it is not aimed at the encryption industry.

PANews, July 1st news, the Financial Action Task Force (FATF) recently warned of the rise in crime related to stablecoins, but executives from blockchain intelligence companies stated that this is not a threat to the Crypto Assets industry, but rather emphasizes the need for increased regulation and monitoring. Executives from Chainalysis and Asset Reality believe that this warning aims to promote unified licensing and regulation for stablecoin issuers, strengthen real-time monitoring and international collaboration to track and combat illegal fund flows, rather than prohibiting the development of stablecoins. Chainalysis data shows that the 2025 Crypto Assets crime report indicates that 63% of on-chain illegal transaction volume is denominated in stablecoins. Experts point out that the transparency and traceability of stablecoins make them not the best choice for criminals. Additionally, centralized stablecoin issuers have the ability to freeze illegal funds, such as Tether freezing $225 million in USDT involved in cases. In addition, blockchain investigator ZachXBT pointed out that Circle’s USDC was used by North Korean IT workers for payment activities, and stated that Circle has not taken sufficient measures to detect or freeze such activities. Previously, Circle had frozen 57 million USDC at the request of a US court.