FATF Report to G20 on So-called Stablecoins

In the same way as any other large-scale value transfer system, this propensity for mass-adoption makes them attractive to criminals and terrorists to launder their proceeds of crime and finance their terrorist activities.

https://www.fatf-gafi.org/publications/fatfgeneral/documents/report-g20-so-called-stablecoins-june-2020.html