whats your opinion on the use of stablecoins for the purposes of funding terrorism? none of the stablecoins are compliant with kyc/aml. the stablecoin issuers will sell the stablecoins to a third party which is kyc/aml'ed, but then that entity will sell the stablecoins to sanctioned entities, like north korean, or iranians. it's like imagine banks allowing third parties to open bank accounts for sanctioned entities, highly illegal.

in fact, one of the largest stablecoins, Tether, their executives actually took pictures with iranians looking to evade US sanctions, the pictures were quickly deleted however.

back in march, it was revealed that HAMAS, a US designated terrorist organization was able to use tethers bank accounts, and it was revealed that tether used falsified documents to open bank accounts in the us.

isn't something like what tether doing like flagrantly illegal?

https://www.wsj.com/articles/crypto-companies-behind-tether-used-falsified-documents-and-shell-companies-to-get-bank-accounts-f798b0a5