Tether (USDT) Emerges as Go-to Currency for Scammers, UN Warns of Growing Threat

Stablecoin Tether (USDT) is increasingly becoming the payment method of choice for money launderers, according to a report by the United Nations Office on Drugs and Crime. The report reveals that Tether has emerged as a leading choice among fraudsters and money launderers operating in Southeast Asia. With a market capitalization exceeding $94 billion, Tether...