Twitter user Whalepool, an account which claims to be a “community of day traders” focused mainly on bitcoin (BTC), clarified today via Twitter that all stablecoins, which are supposedly back by USD, including Circle’s (USDC), True USD (TUSD), Gemini Dollar (GUSD), and the PAX Standard Token (PAX) do not facilitate anti-money laundering (AML) and know-your-customer (KYC) transfers “on the blockchain.”
