Notes

• Stablecoin Issuers as Financial Gatekeepers: A Second Line Perspective

  2026-03-04

  Stablecoin issuers operate within broadly familiar financial crime frameworks. What changes is the nature of the information available. On-chain transparency provides deeper transactional visibility, but attribution remains uncertain and needs to be treated carefully. The primary risk is not technological complexity, but governance failure.

  stablecoinscompliancefinancial crime