Chainalysis says 'top-tier' gray market peptide vendors turn to bitcoin and stablecoins
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"To scale, the gray-market peptide trade adopted cryptocurrency as its backbone," Chainalysis analysts wrote.
According to Chainalysis, the "concentrated cluster of top-tier vendors" that supply much of the peptide market have begun to "exhibit a more professionalized approach to on-chain finance," and often rely on bitcoin and stablecoins. #cryptocurrency