SE Asia scam syndicates launder via USDT: Bitrace

The report underscores how stablecoin liquidity has become the settlement backbone for organized crime, not just a speculative asset. For market observers, the scale of USDT flows into guarantee platforms highlights a structural vulnerability: the same rails that enable efficient, low-cost transfers also lower friction for illicit finance. This raises the stakes for compliance-focused exchanges and on-chain analytics firms, as their tools become central to tracing and disrupting these networks. Whether regulatory pressure or industry self-policing can meaningfully curb syndicate usage remains the open question, especially as Tether's dominance in emerging markets persists.