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


Source: scmp.com scmp.com

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Visual representations of various cryptocurrencies on display in Paris, France. Photo: Getty Images 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 Published: 8:15pm, 18 Jan, 2021 Updated: 8:19pm, 18 Jan, 2021