Sanctions Evasion Drove $141 Billion in Illicit Stablecoin Flows in 2025, TRM Labs Says
Illicit stablecoin activity hit a five-year high of $141 billion in 2025, with TRM Labs attributing most of that volume to sanctions evasion. TRM also highlighted concentration risk by pointing to A7A5, a ruble-pegged stablecoin that accounted for about $72 billion of the total.
Blockchain Intelligence firm TRM Labs reaches $1bn valuation after $70m Series B extension
TRM Labs, the renowned blockchain intelligence company, has just achieved an important milestone for the crypto sector in general, as it achieved “unicorn” status after a $70 million expansion of its Series B funding round, reaching an overall valuation of $1 billion. The funding, which was previously announced in November 2022, reached $130 million.