Chainalysis says ‘top-tier’ gray market peptide vendors turn to bitcoin and stablecoins
Hex37's read
- Gray market peptide vendors use crypto for scaling.
- Bitcoin and stablecoins are preferred by these vendors.
- Chainalysis report highlights this trend.
What it means for traders
- Increased BTC and stablecoin adoption by illicit markets may signal demand.
- Monitor regulatory responses to crypto use in gray markets.
Affected markets
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