Crypto analysis company TRM Labs: 99% of stablecoin activity was legal last year

Odaily Planet Daily News: The latest report released by cryptocurrency analysis company TRM Labs on Tuesday shows that 99% of stablecoin trading activities in 2024 are "legal". Considering that TRM also claims that stablecoins currently account for over 60% of all cryptocurrency trading volume, this is particularly noteworthy, indicating that the association between cryptocurrencies and criminals has been at least slightly exaggerated. It is reported that one of the most comprehensive stablecoin legislation in the United States so far, the GENIUS Act, will be submitted to the Senate for review on Tuesday and is expected to be passed. （The Block）