Visual representations of various cryptocurrencies on display in Paris, France. Photo: Getty Images
Visual representations of various cryptocurrencies on display in Paris, France. Photo: Getty Images
Alessandro Arduino
Opinion

Opinion

Alessandro Arduino

Stablecoins in Southeast Asia: the less volatile cryptocurrency is a boon for terrorist groups

  • Despite the appeal of anonymity and ease of international fund transfers, large swings in value have made cryptocurrency unattractive to extremist and criminal networks
  • But stablecoins, which have a value fixed against a certain asset, offer these groups an advantage – as does the widespread adoption of digital payments in Southeast Asia

Visual representations of various cryptocurrencies on display in Paris, France. Photo: Getty Images
Visual representations of various cryptocurrencies on display in Paris, France. Photo: Getty Images
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