Home BlockchainCrypto Crime Hit All-Time High in 2025, With Russian Stablecoin Playing Key Role: TRM Labs

Crypto Crime Hit All-Time High in 2025, With Russian Stablecoin Playing Key Role: TRM Labs

by Vivek Kumar
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Crypto Crime Hit All-Time High in 2025, With Russian Stablecoin Playing Key Role: TRM Labs

In brief

  • Illicit crypto activity hit a record $158 billion in 2025, up 145% year over year, according to a new TRM Labs report.
  • The surge was driven largely by A7A5, a ruble-pegged stablecoin tied to Russia.
  • TRM says the rise of A7A5 shows how sanctioned states are moving away from dollar-based rails toward specialized crypto tools.

Illicit crypto volume blasted to an unprecedented high of $158 billion last year, in large part thanks to a trendy new stablecoin that appears designed to evade…

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