Wait till criminals and government learn about Liquid USDT

Sinaloa understands USDT better than Bitcoin, that's all. It's pegged to the Dollar, the currency that they've done business in their whole lives. People want predictability even if the predictability means some degree of inflation. Bitcoin's volatility is not predictable.

Why do you think that is? One of the OG talking points back in the silk road days was "criminals are always the first to use new technology" and they're using stablecoins over bitcoin. Why?

I honestly don't know, this surprises me, I also wonder how reliable the data is, maybe bitcoin does a better job of obfuscating

liquidity and lack of enforcement maybe? if you can unload it easily and have reasonable cause to believe it won't be frozen, good censorship resistance isn't necessary.

Scared by playing in a space they can’t game.

It’s like how criminals in general prefer USD

knowing that Fiat thieves exchanged a stack of monero that they stole on an exchange that asks for KYC, shows that they are not right in the brain