At a time when the global financial system is celebrating stablecoins as the breakthrough moment for mainstream adoption, a darker reality is unfolding in parallel.

Stablecoins, cheap, fast, and borderless, are not only transforming payments. They are also becoming one of the most efficient tools for moving money in conflict zones.

According to Dennis Luks of intelligence firm Nominis, as much as 90% of modern terrorism financing now involves crypto, with stablecoins on the Tron network playing a central role.

That figure is controversial. But even if debated, the broader trend is not.

Crypto Didn’t Invent Crime. It Scaled It.

Terrorist financing did not begin with cryptocurrency. For decades, networks relied on: