Why are stablecoins becoming increasingly popular among cybercriminals, and could they also be the future of everyday payments?
In this episode of the mnemonic security podcast, Robby welcomes Keven Hendricks back to the podcast. A law enforcement veteran with 20 years of experience, Keven specialises in dark web and cryptocurrency investigations and has previously joined the podcast to share his insights into how criminals operate online.
Holding more experience than most within this area, Keven explains why stablecoins such as USDT and USDC have become so prominent in illegal cryptocurrency transactions, and how criminal organisations move and launder their money.
The conversation also turns to AI and its role in cybercrime. They discuss who should be held accountable when AI is used for criminal purposes, from the developers building these systems to the people misusing them, and what these developments mean for cybersecurity professionals.
Looking further ahead, Keven shares why he believes stablecoins could become a major part of everyday payments within the next decade, and which countries could lead the way.
