Binance Research: Illicit Crypto Transaction Volume Accounts for Less Than 1% of Total Volume

Odaily reports that according to Binance Research, illicit cryptocurrency transaction volume accounts for less than 1% of total transaction volume. Over $75 billion in illicit cryptocurrencies is currently stranded on-chain. Binance's research report indicates that as money laundering success rates decline, this figure is expected to grow by 28% by 2025. The vast majority of illicit cryptocurrencies are held in downstream addresses, typically one or two hops away from the main chain, but remain traceable. Mixers have an upper daily processing limit of approximately $10 million—this method is nearly ineffective against mechanisms such as KYC, KYT, stablecoin freezes, and permanent on-chain records. Despite the significant absolute volume of illicit transactions, it still accounts for less than 1% of total transaction volume.