CoinScoopTether's $45 million crackdown pushes Southeast Asian scam rings toward decentralized stablecoins
Bitrace reports that over $45 million in assets linked to the sanctioned marketplace Xinbi have been targeted. Following the crackdown, the marketplace announced a transition to a USDD-only model, signaling a shift toward decentralized stablecoins to evade potential freezing.
Summaries are written by AI from the original article. Not investment advice.